{"id":6224,"date":"2023-12-04T10:41:05","date_gmt":"2023-12-04T10:41:05","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/12\/04\/federal-and-local-investigations-surround-ballys-acquisition-of-chicago-casino-license\/"},"modified":"2023-12-04T10:41:05","modified_gmt":"2023-12-04T10:41:05","slug":"federal-and-local-investigations-surround-ballys-acquisition-of-chicago-casino-license","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/12\/04\/federal-and-local-investigations-surround-ballys-acquisition-of-chicago-casino-license\/","title":{"rendered":"Federal and Local Investigations Surround Bally\u2019s Acquisition of Chicago Casino License"},"content":{"rendered":"<div>\n<p>Federal and municipal authorities are closely examining Bally\u2019s, the gaming business based in Rhode Island, over its acquisition of the much sought-after casino license in Chicago. Bally\u2019s license was obtained through a licensing procedure that is being investigated concurrently by Chicago Inspector General Deborah Witzburg and the US Attorney\u2019s office.<\/p>\n<p>According to sources from real estate news outlet The Real Deal, the federal investigation was prompted by complaints from bidders who were unsuccessful in the casino license process. This has put the subject in the public eye. The federal investigation\u2019s existence was revealed by Alderman Brian Hopkins, who is well-known for his unwavering criticism of former Mayor Lori Lightfoot\u2019s handling of the casino proceedings. The US attorney\u2019s office, however, has decided to say nothing more about the situation.<\/p>\n<p>In keeping with her office\u2019s policy of refraining from commenting on ongoing investigations, Chicago Inspector General Deborah Witzburg is carrying out a parallel inquiry at the same time.<\/p>\n<h2>Bally\u2019s Response and City Council Approval<\/h2>\n<p>Bally\u2019s maintains that it is not aware of any investigation despite the controversy surrounding the corporation, and the city\u2019s Law Department stated that neither they nor the mayor\u2019s office had received subpoenas or requests for information.<\/p>\n<p>According to reports, the investigations were started months ago and call for a thorough analysis of the casino license procedure, including changes to financial transactions and any conflicts of interest with municipal consultants.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>By a resounding 39-5 vote, Bally\u2019s won City Council authority to proceed with the projected $1.7 billion casino project. The project intends to start building on the permanent site as soon as possible, with an anticipated opening in late 2026. It is positioned as a way to reduce the city\u2019s unfunded public employee pension liabilities.<\/p>\n<p>Although some local officials praise the casino proposal as a possible financial lifesaver, addiction treatment professionals voice worries about the expected increase in people seeking assistance for gambling addiction. Although there isn\u2019t a sudden spike in incidents, doctors caution that there is a historical correlation between the growth of gaming establishments and the number of persons seeking treatment for gambling-related disorders.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/federal-and-local-investigations-surround-ballys-acquisition-of-chicago-casino-license\/\">Federal and Local Investigations Surround Bally\u2019s Acquisition of Chicago Casino License<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Federal and municipal authorities are closely examining Bally\u2019s, the gaming business based in Rhode Island, over its acquisition of the much sought-after casino license in Chicago. Bally\u2019s license was obtained through a licensing procedure that is being investigated concurrently by Chicago Inspector General Deborah Witzburg and the US Attorney\u2019s office. According to sources from real [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6224","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=6224"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6224\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=6224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=6224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=6224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}