Bally’s Chicago Expands Ownership Opportunities, Giving Preference To City Residents

Bally’s Chicago has announced expanded ownership opportunities, offering preference to City of Chicago and Illinois residents in a Securities and Exchange Commission filing. “As the lead placement agent for the Bally’s Chicago IPO, we’ve seen interest from thousands of people who appreciate having access to this unique investment opportunity in a one-of-a-kind casino and resort […]

by - Friday, April 25th, 2025 4:52

Bally's Chicago Expands Ownership Opportunities, Giving Preference To City Residents

Bally’s Chicago has announced expanded ownership opportunities, offering preference to City of Chicago and Illinois residents in a Securities and Exchange Commission filing.

“As the lead placement agent for the Bally’s Chicago IPO, we’ve seen interest from thousands of people who appreciate having access to this unique investment opportunity in a one-of-a-kind casino and resort project in the city of Chicago,” said CEO of Loop Capital Markets Jim Reynolds.

In 2024, Bally’s Chicago proudly partnered with and supported hundreds of local businesses, charities, and civic organizations, including Chicago Federation of Labor, Chinese Mutual Aid Association, Equality Illinois, Friends of the River, Hispanic American Construction Industry Association, Rainbow Push, and Urban League.

Soo Kim, Chairman of Bally’s Corporation, added:

“We take pride in having attracted a substantial amount of interest in ownership from women and minority groups. To make this investment available to even more Chicagoans who make this City so great we are extending our investment opportunities, with a preference for residents of Chicago and other parts of Illinois. We remain steadfast to our commitment to the City of Chicago and the development of a thriving community.”

Furthermore, Bally’s Chicago is among the top casinos in the Windy City. The world-class destination resort and casino is currently offering eligible guests 25 points to receive $25 Free Play and $25 Food Credit.

Bally’s Corp. owns and operates 19 casinos across 11 states, as well as a golf course in New York and a horse racetrack in Colorado, and holds OSB licenses in 13 jurisdictions in North America.

The casino-entertainment company also owns Bally Bet, a first-in-class sports betting platform, Bally Casino, an iCasino platform, Bally’s Interactive International division (formerly Gamesys Group), a leading global interactive gaming operator, and a large economic stake in Intralot S.A., a global lottery management and services business.

Bally’s casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms. The company also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas.

According to the American Gaming Association, Chicago moved up to the third largest casino market in the U.S. behind Las Vegas and Atlantic City at $2.19 billion in gaming revenue last year, a 2.5% increase.

Jose Del Pozo

Jose is an iGaming analyst with wide experience within the sector. He has been working as content writer on casino and betting websites for more than 10 years, contributing on websites like Pokerlistings, Casinobee, Betpack among others, sharing his insights and perspective for the future ofthe iGaming market.