BALY is trading 5.2% up at $14.42 after the company alleged that the city of Chicago breached its $1.7 billion casino agreement.
- Bally's hired former Chicago Mayor Lori Lightfoot’s law firm to represent it in the dispute, which centers on the city allowing competing video gambling terminals.
- The legal action highlights the high stakes of the Chicago project, drawing investor focus to both the project's valuation and its regulatory risks.