Bally's Corporation last week was selected by Chicago Mayor Lori Lightfoot to receive the city's only casino license, but the deal still has a ways to go before becoming official.
The casino, set to be located in River West, beat out two other billion dollar bids: one from Hard Rock to build a casino just west of Soldier Field, and one from Rivers, which would have built a casino in the South Loop.
But before the $1.74 billion dollar project -- set to take over the site of the industrial Tribune Publishing Plant -- moves forward, it must be approved by the full City Council, and the Illinois Gaming Board before it can move forward.