As Predicted....
That sale of Bally's stock hit a legal wall:
All bets are off on Bally’s plan to sell $250 million worth of shares in their permanent Chicago casino to investors from minority backgrounds.
Bally’s began refunding would-be investors last week because the U.S. Securities and Exchange Commission hasn’t approved the initial public offering rolled out by the Rhode Island-based corporation in December to help bankroll their $1.7 billion River West entertainment complex.
Bally’s says it’ll take another spin at obtaining federal approval of the investment program, which is limited to women and people of color under terms of a host community agreement the company signed with former Mayor Lori Lightfoot’s administration to land the coveted casino license.
Wasn't there a whole Civil Rights movement against restricting sales of homes and property based on skin color? Red lining or something....we seem to have vague recollections of it. Yet democrats are insisting that skin color should be the determining factor for purchasing a publicly traded company. How very....regressive.
The only legal restriction on sales ought to be whether or not you can afford it.
Labels: dumb ideas
posted by SCC at 12:02 AM
21 Comments:
Can’t fix stupid
one of those investors wanted to use her "link" card for the down payment
Got to have those”set a sides and handouts,” if you want to do business in this city.
Brandon Johnson has no clue on how to run a city.
There's a new sheriff in town.
I despise Democrats more everyday. Just look how they behaved during the President’s address to the nation. They are despicable and uncouth.
Reverse racism? No that can't be possible! Umm unless you have been part of the grifter racist left for the past decade or so.
A highlight of todays Democrat party bringing you all that sucks in America!
Democrats are people who gleefully castrate mentally confused children in the name of “affirmative health care”.
Blatant racism and bigotry (when they do it) doesn’t even begin to move the moral qualm needle.
The biggest failed fuck up dei deal in Chicago
i always knew the Democratic party was the party of slavery but I dismissed it every time I heard it - but now how I see how the democrats will jump to racial discrimination in a heartbeat to solve a political problem it all makes perfect sense - "limited to women and people of color "
Silly rabbit.....it's only racism if it goes one way.
Watching the presidential address of Congress last night reminded me how glad that I’m, and how fortunate that we are to have elect Donald Trumppresident of United States Watching the corrupt spoiled pampered Democrats Sulk because they know that all their corruption is being exposed. These socialist motherfuckers are absolutely despicable. And All need to be removed from political office they are the enemy of our nation
, and a threat to our fundamental freedoms !
Good luck trying to round up some start up capital from that group DEI investors. Worse than letting the mob get involved as an investor.
According to my DNA test I’m 1% Nigerian. I’m calling my Lizzy Warren card. After all she’s 1% Native American.
that idiot daley missed his opportunity 30 years ago they should have vidio gambling all other place including the airports
aurora is building a new one off i-88 and lots od free parking easy to get to
PENN Entertainment is relocating Hollywood Casino Aurora to a new 18.7-acre development site near I-88 and Farnsworth Road. The new location will feature a modern casino with 1,200 gaming positions, a 220-room four-star quality hotel with a spa, high-quality bars, and restaurants (including an Italian steakhouse, Asian noodle bar, and sports bar), along with a 1,000-car parking structure and site improvements. The new location will also host a variety of entertainment, weddings, meetings, conferences, and special events.
You're not even safe in the parking lot of the Rivers. Can you imagine leaving this place with a couple large in your pocket?
I suspect that some attorneys at Bally's and the city knew that there would be issues with the racial preferences but signed on just to get the deal done.
The Board meeting will be under the Michigan Ave bridge around midnight.
And the thugs will be all over that place like flies on shit.
Aurora's nothing to write home about & the Top Golf not far from there has plenty of issues too
Post a Comment
<< Home