As Bally’s Corp. considers a buyout offer from its biggest shareholder and an $800m funding gap in order to fund its permenant $1.7bn Chicago casino, revenues at the temporary facility are beginning to grow with Match home record results.
The month marked new milestones for Bally’s Chicago Casino as gross gaming revenue surged 13.2 per cent to $13,062,666 and admissions reached an all-time high of 117,870, resulting in more than $2.5m in tax revenue generated and bringing it up to fourth out of Illinois’ 15 casinos. Visitation was up 11.6 per cent giving it the second best attendence behind Rivers Casino Des Plaines.
“Our record-setting March results – with adjusted gaming revenue also up 12.7 percent over February to $11,127,674 – were driven by a strong events calendar, St. Patrick’s Day festivities and an increasing number of repeat guests,” said Mark Wong, Vice President and General Manager. “There has been a noticeable energy around our promotions and excitement about new amenities like the high-limit area that opened in March.”
“We are proud to offer an outstanding experience to our guests in the Medinah Temple and look forward to this summer when construction will begin on our world-class entertainment complex along the Chicago River,” Wong said.
The Bally’s Chicago team continued its community engagement efforts in March, which is recognized as Problem Gaming Awareness Month. Bally’s Chicago partnered with the Illinois Department of Human Services (IDHS) and local behavioral health care provider Family Guidance Center of Chicago to host an onsite table and display for National Gambling Disorder Screening Day on March 12, among other initiatives. The Bally’s Chicago team also continued its volunteerism, feeding local families in partnership with St. James Cathedral and San Lucas Shelter.
Rivers remains the State’s leading casino with 271,000 visitors and $47.8m in revenue.
https://g3newswire.com/ballys-enjoys-record-breaking-month-in-march-at-temporary-chicago-venue/