Bally’s Warns Chicago: VGTs Will Cost Thousands of Casino Jobs, Millions in Tax Revenue
Bally’s Corporation is sounding the alarm over Chicago’s recent decision to approve thousands of video gaming terminals (VGTs). The company argues that the move undermines the exclusivity it was promised when it committed to a $1.7 billion casino project in the city.
According to Bally’s executives, the original casino bid and host agreement were structured on the assumption that VGTs would be prohibited. If the terminals are allowed, Bally’s says it could lose thousands of jobs and the city could forfeit millions in tax revenue.
The operator is threatening legal action, contending that the city’s policy change violates the terms of its agreement. Bally’s officials warn that the economic fallout could be severe, with potential cuts to employment and tax collections that fund public services.
Chicago officials have not yet responded to the lawsuit threat, but the dispute highlights the growing tension between casino operators and regulators over the expansion of slot‑like gaming devices.
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