Chicago’s 30-year quest for a casino and entertainment complex is drawing to a close, amid hopes it will produce the jackpot needed to bail out police and fire pension funds.
Less than three weeks after Mayor Lori Lightfoot put her chips on Bally’s $1.7 billion River West bid, the City Council authorized Bally’s to build a casino at Chicago Avenue and Halsted Street and open a temporary facility at Medinah Temple in River North.
The vote came after a 90-minute debate that included a screaming match between Lightfoot and Ald. Byron Sigcho-Lopez (25th), a casino critic.
The council also signed off on a host agreement that includes a “labor peace” pact and Bally’s commitment to pay construction workers and permanent casino employees a “living wage.”