Bally’s raises Chicago casino budget to $1.3bn during Q2 call
Bally’s said its Chicago casino-resort project budget had increased to $1.3bn during its second-quarter earnings call. The company said it cut its maintenance capital expenditure budget by $50m to $115m after cancelling smaller refurbishment projects. Bally’s said it was seeking city approval for design changes and remained on track for an autumn 2026 opening.
The revised project budget and approval process affect Bally’s planned Chicago development and its capital requirements.