Wintrust Business Minute: Bally’s Chicago IPO registration opens up beyond just women and minorities

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

The initial public offering registration for Bally’s Chicago has been amended after two federal lawsuits over alleged discrimination against white men. Bally’s new registration opens up the IPO beyond just women and minorities. The filing was made with the Securities and Exchange Commission. According to the Chicago Tribune, the Casino is confident the IPO will still meet a 25% minority investment required by the City of Chicago. Bally’s Chicago launched IPO to raise funds for the construction of the planned $1.7 billion River West complex. The company hopes to raise at least $250 million from the IPO.

Also, a healthcare company is building its new U.S. headquarters in Illinois. Listen for more below: