Winston & Strawn represented Loop Capital Markets, as placement agents’ counsel, in connection with the initial public offering of Bally’s Chicago, Inc. The registration statement, under which the offering was conducted, was declared effective by the SEC on August 12, 2025, and resulted in nearly 1,800 unique investors, more than 1,000 of whom are Chicago residents, becoming shareholders in Bally’s Chicago.
Bally’s Chicago, a subsidiary of Bally’s Corporation, is developing Chicago’s first and only casino, a $1.7 billion flagship property expected to generate significant economic impact through jobs, tourism, and community investment. The transaction reflects the company’s commitment to fostering local ownership and broad community participation in the long-term success of Bally’s Chicago.
Deal Team:
- Michael Blankenship, Lead Partner, Houston
- Casey Berger, Partner, Houston
- Oscar David, Partner, Chicago
- Ben Smolij, Partner, Houston
- Del Efimov, Associate, Chicago
- Robbie Oakes, Associate, Houston
- Shazia Siddiqui, Associate, Chicago
- Emily Waltz, Associate, Chicago