The Illinois Gaming Board discovered Chicago on line casino license applicant Bally’s Chicago Operating Company, LLC preliminarily appropriate at its June 15 public assembly.
Under the approval, Bally’s can proceed making ready its website for on line casino playing and hiring the staff essential to function the on line casino.
The plan is to start building within the metropolis’s first on line casino in late 2024. The $1.7 billion improvement is projected to deliver over 3,000 everlasting jobs to town. Bally’s Chicago will embody 3,400 slots and 170 desk video games, together with 500 lodge rooms.
“The Board’s determination of preliminary suitability for Bally’s Chicago Casino is a significant, but not final, step in the regulatory process to open a casino in the City of Chicago,” mentioned IGB Administrator Marcus D. Fruchter. “The IGB will continue to work with Bally’s Chicago and other stakeholders to complete the remaining statutory requirements in an efficient, ethical and compliant manner.”
Preliminary suitability permits Bally’s to undertake and full sure required duties that can culminate in a pre-opening audit, a observe gaming session, and potential issuance of a brief working allow.
The on line casino could open to the general public “when the next step is achieved,” the IGB mentioned. Bally’s will get a brief working allow, permitting it to supply on line casino playing at both a brief or everlasting facility prematurely of licensure.
In May 2022, town awarded Bally’s the precise to construct the on line casino.
In addition to the Bally’s approval, the IGB additionally awarded on line casino and sports activities wagering licenses to the American Place Casino in Waukegan, permitted 12-month extensions for non permanent on line casino operations in Waukegan and Rockford, and renewed the license of Bally’s Quad Cities Casino and Hotel for one more four-year time period throughout its commonly scheduled assembly.
Illinois is dwelling to 13 casinos, greater than 8,300 licensed video gaming institutions and ten sportsbooks. Casino playing, video gaming and sports activities wagering generated greater than $1.4 billion in tax income to the state and native communities in calendar 12 months 2022.