Four companies submit bids on five proposals for Chicago’s first integrated resort with Bally’s Corp., Rush Street and Hard Rock International all in the mix.
Richard N. Velotta
Richard N. “Rick” Velotta has covered business, the gaming industry, tourism, transportation and aviation in Las Vegas for 25 years. A former reporter and editor with the Las Vegas Sun, the Ogden (Utah) Standard-Examiner, the Arizona Daily Sun in Flagstaff and the Aurora (Colo.) Sun, Velotta is a graduate of Northern Arizona University where he won the school’s top journalism honor. He became the Review-Journal's assistant business editor in September 2018.
Sportico is reporting that New York Mets majority owner Steven Cohen is in preliminary talks with Las Vegas Sands Corp. to build a casino next to the Mets’ stadium, Citi Field.
A New York private equity firm specializing in acquisitions is buying Scientific Games lottery division for $6.05 billion in a deal that would close in the second quarter of 2022.