A measure introduced by a Springfield ally of Mayor Brandon Johnson may lead to the legalization of video poker and slot machines in Chicago. Bally's shareholders are in a battle over ownership, with conflicting views on the company's value and potential sale of its online assets. High-profile investors are concerned that Bally's takeover bid could jeopardize Chicago's casino project, advocating for rejecting the bid and bringing in a more experienced company for the casino development.
As Bally’s chairman Soo Kim tries to take the company private, a pair of influential investors say his bid should be rejected — and that a more experienced company should be brought in to build the city’s long-sought casino. https://t.co/IbEEKTy8LE
Bally's takeover bid 'jeopardizes' Chicago casino project, investors argue https://t.co/YPhhtcnUJr
Chicago’s casino bet on Bally’s could go bust if the company goes private, according to a pair of high-profile investors trying to block a takeover effort by the debt-laden corporation’s chairman, Soo Kim. https://t.co/itxCSpwMJm
Bally’s shareholder calls for sale of International Interactive arm https://t.co/1APlmgx0tY https://t.co/eEYa9JR8Go
Standard General's offer to acquire Bally's Corporation “woefully” undervalues the group according to rival shareholder K&F Growth Capital, which instead advocates for selling its online assets https://t.co/Diji9su1H1 https://t.co/Xq38TjrkZz
Release: One asset management firm offers advice for Bally's https://t.co/9UeZouDiek
Bally's shareholders wage battle over ownership, 'unfunded development projects' https://t.co/COjzoYKWvo
A Springfield ally of Mayor Brandon Johnson has introduced a measure that could help pave the way for Chicago to legalize the kind of video poker and slot machines that have proliferated at bars and restaurants across the state over the past decade. https://t.co/XxcCt18d9c