Bally’s Corporation has secured a funding commitment of $2.07 billion from Gaming and Leisure Properties (GLPI), part of which will be used to complete the construction of Bally’s permanent casino development in Chicago.
Bally’s and GLPI have entered into a binding term sheet for a $940 million construction funding facility for the Chicago project, along with other financing transactions, that together GLPI expects to fund $2.07 billion to Bally’s.
“Our agreements with GLPI fulfill the construction financing [...]
