the bill would grant Bally’s six more months to build its casino, with two optional three-month extensions
Illinois lawmakers are considering a new bill that could give Bally’s more time to open its long-awaited Chicago casino. The proposal would extend the company’s ability to operate its temporary casino at Medinah Temple while construction continues on the permanent site in River West.
The bill was introduced by State Rep. Kam Buckner at Bally’s request. If approved, it would allow Bally’s to keep the temporary casino open until September 2027. That extension would give the company up to an additional year to complete the $1.7 billion casino and entertainment complex.
Buckner said the original timeline for temporary casinos has proven difficult, especially given construction delays and financing challenges. He noted that work stoppages and other citywide issues have slowed progress and argued that more time could help Bally’s finish the project properly.
Bally’s maintains it is still targeting a September opening for the permanent casino. Company officials described the legislation as a backup plan that would let operations continue smoothly if delays persist. They also emphasized their commitment to meeting long-term obligations to the city.
The temporary Medinah casino has underperformed compared to early expectations. Since opening in September 2023, it has generated about $280 million in revenue, producing tens of millions in city and state taxes. Still, it ranks in the middle of Illinois casinos in monthly earnings, raising concerns about future pension funding tied to casino revenue.
Critics question whether another extension points to deeper problems. Buckner acknowledged those concerns, particularly around whether the finished casino can deliver enough revenue to support police and fire pensions. He argued that a one-year extension is reasonable to determine whether the project can succeed.
