A measure introduced by a Springfield ally of Mayor Brandon Johnson may lead to the legalization of video poker and slot machines in Chicago. Bally's shareholders are in a battle over ownership, with conflicting views on the company's value and potential sale of its online assets. High-profile investors are concerned that Bally's takeover bid could jeopardize Chicago's casino project, advocating for rejecting the bid and bringing in a more experienced company for the casino development.
As Bally’s chairman Soo Kim tries to take the company private, a pair of influential investors say his bid should be rejected — and that a more experienced company should be brought in to build the city’s long-sought casino. https://t.co/IbEEKTy8LE
Bally's takeover bid 'jeopardizes' Chicago casino project, investors argue https://t.co/YPhhtcnUJr
Chicago’s casino bet on Bally’s could go bust if the company goes private, according to a pair of high-profile investors trying to block a takeover effort by the debt-laden corporation’s chairman, Soo Kim. https://t.co/itxCSpwMJm