{"id":3372,"date":"2024-09-10T11:15:45","date_gmt":"2024-09-10T11:15:45","guid":{"rendered":"https:\/\/www.casinousa.com\/news\/?p=3372"},"modified":"2024-09-10T11:15:45","modified_gmt":"2024-09-10T11:15:45","slug":"one-year-anniversary-for-ballys-chicago-temporary-casino","status":"publish","type":"post","link":"https:\/\/www.casinousa.com\/news\/one-year-anniversary-for-ballys-chicago-temporary-casino","title":{"rendered":"One-Year Anniversary for Bally\u2019s Chicago Temporary Casino"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/proposed-ballys-casino-at-medinah-temple-chicago.jpg\" alt=\"Proposed Bally&#039;s Casino at Medinah Temple, Chicago\" title=\"One-Year Anniversary for Bally\u2019s Chicago Temporary Casino\" class=\"alignleft size-full wp-image-2760\" width=\"300\" \/><strong>Summary:<\/strong><\/p>\n<ul>\n<li>Bally\u2019s Chicago has celebrated one year at the temporary casino at Medinah Temple. <\/li>\n<li>The 1.3M visitors to the city\u2019s first casino generated $12.9M in local taxes, lower than projections. <\/li>\n<li>Demolition work has started at the permanent casino site. <\/li>\n<\/ul>\n<p>On Monday, <strong>Bally\u2019s Chicago<\/strong> celebrated its one-year anniversary at the temporary site of the city\u2019s first casino in the state of <a href=\"https:\/\/www.casinousa.com\/states\/illinois\">Illinois<\/a>. <\/p>\n<p>Following its assessment of the year that has passed, the company announced that the venue, which has already <strong>welcomed over 1.3 million visitors since its opening a<\/strong>t the Medinah Temple address, has <strong>generated over $114 million in adjusted gross receipts<\/strong> through August 31, a week away from the full 12-month period. <\/p>\n<p>As per data from the <strong>Illinois Gaming Board<\/strong>, the adjusted gross receipts figure placed the temporary casino fourth in terms of revenue when looking at Bally\u2019s 15 state casinos.<\/p>\n<p>Rivers Casino Des Plaines is still in the lead in terms of the state\u2019s top-grossing casinos, with almost $520 million in revenue during the same period under assessment. <\/p>\n<p>Rivers is followed by Bally\u2019s Chicago in terms of visitors. The former received close to 3.1 million visitors over the 12 months leading to August 2024.<\/p>\n<p>For the Windy City, Bally\u2019s has generated local taxes close to $12.9 million in its first 12 months of activity. <\/p>\n<p>The brand new source of revenue for the city was, however, much <a href=\"https:\/\/www.casinousa.com\/news\/ballys-chicago-temp-casino-underperforms-in-first-4-months-of-operations\">lower compared to the original projections<\/a> discussed for the temporary gambling site.<\/p>\n<h2 id=\"proud-of-how-far-we-have-come-in-just-one-year\">\u201cProud of How Far We Have Come in Just One Year\u201d<\/h2>\n<p>Despite failing to meet the projected local tax numbers, Bally\u2019s Corporation\u2019s president, <strong>George Papanier<\/strong>, commented that, since the opening of the temporary casino, they have \u201c<em>strived to meet the commitments<\/em>\u201d made to the city of Chicago and that they were \u201c<em>proud of how far we have come in just one year<\/em>\u201d.<\/p>\n<p>The corporation has spent around $50 million on renovation work at the 130,000-square-foot Medinah Temple, the 112-year-old landmarked amphitheater in the Moorish style that used to host the yearly Shrine Circus. <\/p>\n<p>At the moment, the temporary casino that is home to 754 <a href=\"https:\/\/www.casinousa.com\/games\/slots\/real-money-slots\">slots<\/a> and 56 gaming tables, along with an expansive blue-lit center bar and a few restaurants, receives over 100,000 gamblers a month. <\/p>\n<p>The <strong>venue is running on a three-year temporary casino license<\/strong> issued by the state as its permanent $1.7 billion casino project with 4,000 gaming positions, 500 hotel rooms, 10 restaurants, an exhibition hall, and a theater with 3,000 seats is getting ready to open in September 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"Summary: Bally\u2019s Chicago has celebrated one year at the temporary casino at Medinah Temple. The 1.3M visitors to the city\u2019s first casino generated $12.9M in local taxes, lower than projections. Demolition work has started at the permanent casino site. On Monday, Bally\u2019s Chicago celebrated its one-year anniversary at the temporary site of the city\u2019s first [&hellip;]","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,3,5],"tags":[],"class_list":["post-3372","post","type-post","status-publish","format-standard","hentry","category-news","category-general","category-industry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>One-Year Anniversary for Bally\u2019s Chicago Temporary Casino<\/title>\n<meta name=\"description\" content=\"Bally\u2019s Chicago has celebrated one year at its temporary Medinah Temple casino which has generated almost $12.9 million in local taxes..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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