Gaming and Leisure Properties, Inc. provided an update on the development of Bally's Flagship Downtown Chicago Casino Resort, a project in partnership with Bally’s Corporation. GLPI's total investment in this landmark project is $1.19 billion, which includes the $250 million acquisition of the site in 2024.
The integrated casino resort, located at the former Chicago Tribune site, is designed to feature a 178,000 square-foot casino with over 3,300 slots and 170 table games. It will also include a 500-room luxury hotel, various dining and nightlife options, extensive event space, and a riverwalk with green space.
Bally's Corporation expects the property to open in the fourth quarter of 2026. This development represents a significant long-term investment for GLPI, demonstrating its commitment to supporting tenant growth through innovative projects that are expected to deliver value to shareholders.
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