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Published

Bally’s faces tough City Council battle over property tax break – Crain’s

Summary by WirePoints Illinois Financial News
Bally’s faces long odds at City Hall in its attempt to bypass the Fifth Floor and head directly to the City Council to seek a lucrative tax break. The Providence, R.I.-based gambling company is in the process of hiring an army of lobbyists to try to push through a Class 7b property tax incentive that would shrink its total bill over 12 years by more than $200 million, according to City Hall estimates.
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