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Bally’s Corporation (BALY) announced the completion of its Community Investment Program for the Bally’s Chicago casino and resort project. The program allowed non-accredited local residents to purchase shares in the development.
The offering resulted in nearly 1,800 shareholders, including 1,007 Chicago residents and 1,573 Illinois-based investors. A registration statement for the offering was filed with the U.S. Securities and Exchange Commission and became effective on August 12, 2025.
Bally’s Chicago, Inc. indicated this represents the first of several planned investment rounds. Loop Capital Markets served as the placement agent for the offering.
The Bally’s Chicago Casino Resort project will include a 500-room hotel tower, 3,500 slots and table games, multiple dining venues, a 3,000-seat theater, and public amenities including a two-acre park and 2,000-foot riverwalk. The company currently operates a temporary casino at the historic Medinah Temple in Chicago.
Bally’s Corporation operates 19 casinos across 11 states and employs 11,500 people. The company’s casino operations include approximately 17,300 slot machines, 595 table games, and 4,165 hotel rooms.