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Bally¡¯s casino is set to temporarily occupy the historic Medinah Temple, 600 N. Wabash Ave., before moving to its permanent riverfront location on Chicago Avenue and Halsted Street. The gambling company won the city¡¯s approval of a new site in River West in May.

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Sports Betting Revenue: Revenue for sports betting has been climbing. For the first half of 2022 revenue totaled just over $3 billion compared to $4.3 billion for all of last year. Morgan Stanley forecasts revenue to reach $7 billion by 2025. Also, in 2021 Americans bet $57.2 billion on sporting events, a year-over-year increase of 165%.

It recently purchased a casino in Natchez, Miss., and owns gambling centers in Colorado.
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