Saturday, January 11, 2025 11:55 AM
Image aggregated from Chicago Sun-Times.
Mayor Brandon Johnson’s administration on Friday defended Bally’s even though the gaming giant’s temporary casino at Medinah Temple has so far delivered less than half the jackpot the city anticipated to bail out police and fire pensions.
Chief Financial Officer Jill Jaworski said Bally’s potential to become the cash cow that Chicago needs it to be can only be judged once construction is completed at the $1.7 billion casino and entertainment complex in River West.
Jaworski acknowledged that the temporary casino generated just $16 million in gaming tax revenue for the city last year, less than half the $35 million Johnson’s first budget anticipated.
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