Bally’s Paints Grave Picture of Chicago Casino, Should VGTs Be Allowed (Casino.org)

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Chicago city officials continue to consider slot-like video gaming terminals Bally’s, which is building a $2 billion casino resort in Chicago, opposes VGTs Bally’s Corp. is warning Chicago lawmakers about the financial and economic risks of voting to authorize slot-like video gaming terminals (VGTs) in certain businesses. The temporary Bally’s Chicago at the Medinah Temple. Bally’s Corp. is warning Chicago City Council officials that allowing slot-like video gaming terminals in restaurants, bars, bowling alleys, hotels, and theaters would have devastating tax revenue consequences. (Image: Shutterstock) On Thursday, the Chicago City Council Committee on License and Consumer Protection continued its consideration of allowing VGTs. Last month, the committee voted 8-6 in favor of Alderman Anthony Beale’s (9th Ward) initial statute to allow the gaming machines at more than 3,500 Chicago restaurants, hotels, theaters, and bowling alleys that hold valid liquor licenses. Beale later amended the bill to include bars and taverns, and presented the ordinance to the licensing committee. In anticipation…Read MoreCategory: Midwest, Bally’s, Bally’s Chicago, Chicago, Illinois, Medinah Temple, VGT, video gaming terminalSource: Casino.org

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