Chicagoans from diverse backgrounds could soon bet on Bally’s with stock in the city’s forthcoming megacasino.
Bally’s on Monday announced its proposed terms for offering a collective 25% equity stake in its permanent River West casino, limited to prospective investors who are women or people of color, as required under the company’s host community agreement with the city.
The company plans to offer investment stakes of $250 to $25,000 to raise a total of $250 million toward funding construction of the $1.34 billion casino and resort at Chicago Avenue and Halsted Street, slated to open in September 2026.