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Bally’s plans permanent Chicago casino with $940m GLPI construction facility

Funding

Bally’s said it plans to open its permanent Chicago casino in September 2026 and has agreed a binding term sheet for a $940 million construction facility with Gaming and Leisure Properties. The proposed development, pending approval from the Chicago Department of Planning and Development, includes about 3,300 slot machines, 173 table games and a 500-room hotel.

The project’s financing and city approval status shape Bally’s planned Chicago casino development.

End-of-day close Gaming and Leisure Properties (GLPI), USD, to 29 August 2024
Story date31 May 202429 August 2024

Latest reported results

Gaming and Leisure Properties Nasdaq: GLPI

Quarter ended 30 September 2026

Revenue
USD 435.4m10-Q filing 0001575965-26-000072
Operating income
USD 309.9m10-Q filing 0001575965-26-000072

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CBRE analyst says scale will matter as UK gambling market consolidates

In an interview, CBRE credit research head Colin Mansfield said scale matters to Bally’s long-term UK position as the market consolidates. Bally’s Intralot reported a 22.8% year-on-year rise in B2C revenue in preliminary Q3 results, attributing it to UK growth and the addition of Intralot’s B2C business.

Bally’s Intralot reported a 22.8% year-on-year increase in B2C revenue in its preliminary Q3 results, which it attributed to UK growth and the addition of Intralot’s B2C business. B2C revenue rose from around $210m to more than $257m in Q3.

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