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Story summary
- Bally’s Corp warned that its debt creates a going-concern doubt for the Chicago casino.
- The company reported a $56.4 million loss in the first half of 2026 and is pursuing asset monetization, an equity sale and debt financing.
- Alderman Brendan Reilly said Bally’s carries $5 billion in debt and halted ancillary work after the city council approved gambling terminals cutting revenue.
- A Bally’s spokesperson said the firm targets an early-2027 casino opening.
