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Chicago Sun-Times
Chicago Sun-Times
National
David Roeder

Bally’s proposes selling casino stake to some city residents

Bally SEC Securities and Exchange Commission Chicago
Bally’s is working on a plan to sell a 25% share of its Chicago casino to city residents. (Provided)

Chicago residents could be offered an ownership slice in the city’s first casino.

Its operator, Bally’s, said Tuesday it has proposed the casino stake in a draft registration statement submitted to the Securities and Exchange Commission. The Form S-1 statement is confidential for now, allowing the SEC and Bally’s to negotiate terms before details are made public.

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