As Bally’s navigates a buyout offer from its largest shareholder, credit downgrades from ratings agencies and an $800 million funding gap to build its planned $1.7 billion Chicago casino, business at the temporary facility continues to ramp up.
Revenue at the Medinah Temple casino grew 12.7% in March to more than $11.1 million in adjusted gross receipts, according to data released Thursday by the Illinois Gaming Board. Bally’s Chicago ranked fourth in revenue among the state’s 15 casinos.
Admissions to Bally’s Chicago increased 11.6% to nearly 118,000 visitors, ranking second behind Rivers Casino Des Plaines, the state’s busiest and top-billing casino.
Rivers welcomed more than 271,000 visitors and generated nearly $47.8 million in adjusted gross receipts in March, according to Gaming Board data.
