Chicago: Bally’s completes $200 million purchase of future site of casino

Saturday, November 19, 2022 4:35 PM
  • GM Today

Bally’s completed its $200 million purchase of the Freedom Center printing plant Friday, paving the way to build Chicago’s long-sought and much-debated casino.

The Rhode Island-based company bought the 30-acre River West site from Nexstar Media Group, with plans to transform it into a $1.74 billion casino complex. What becomes of the Chicago Tribune’s 41-year-old printing plant remains to be seen.

Bally’s Chair Soo Kim confirmed the acquisition Friday evening. Nexstar spokesperson Gary Weitman declined to comment.

Dallas-based Nexstar Media Group, the nation’s largest TV station owner, acquired the Freedom Center site in 2019 as part of its $4.1 billion purchase of Tribune Media — the former broadcast parent of Tribune Publishing.