Private equity invites Chicagoans to roll dice on local casino
New York firm that controls Bally’s gaming chain sells leveraged equity bet to residents of Windy City
New York firm that controls Bally’s gaming chain sells leveraged equity bet to residents of Windy City

Lobbyists watered down legislation that would have frozen investor-owned firms out of largest state

Bidders now circling casino chain are betting that a losing streak can quickly reverse

One of world’s largest private equity groups is embroiled in a tug of war over future of sprawling complex

Hedge fund manager wins approval from key regulatory board to build gambling complex

The sector’s pitch has worked but the next challenge is persuading investors to stay

Firms are still struggling to deal with a lack of exits from their investments