Providence Business Journal

Bally’s Chicago Sells Private Shares As Minority-Only IPO Remains On Hold

March 19, 2025

(Providence Business Journal)—The IPO for women and minorities faces legal challenges and has yet to be approved by the SEC.

Bally’s Chicago is working to sell $195 million in private shares as its controversial race and gender-based IPO remains stalled. The company, a subsidiary of the Providence-based Bally’s Corp., is raising capital as it embarks upon a $1.7 billion casino development project in downtown Chicago….

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