Budget Director Susie Park unveiled the updated budget forecast during Wednesday’s meeting of the City Council’s Budget and Government Operations Committee, which holds a hearing to examine the city’s financial condition every quarter.
Soo Kim, CEO of Bally’s Corp., joked that after gaining Mayor Lori Lightfoot’s backing to build a casino at Chicago Avenue and Halsted Street, “it would be easier for me to be hiding in some dark, smoky room. I’m here in person telling you that we’re going to keep our promises,”
The hedge fund owner whose East Coast corporation is poised to break ground on Chicago’s first casino pledged Thursday “to keep our promises” to neighbors of a massive gaming complex in River West but a room full of skeptical residents pushed back on a proposal they worry will increase traffic and crime.