Chicago casino settles lawsuit after being accused of barring White men from investing in the business
A Chicago casino settled a lawsuit last week after two would-be investors claimed the business had a plan of preventing White men from investing in the enterprise Bally's Chicago which is projected to be Illinois biggest casino with a -room hotel tower and -seat theater was accused of excluding White males from its million IPO as part of its Host District Agreement with the City of Chicago The billion casino and resort set to open in faced a lawsuit launched by the Wisconsin Institute for Law and Liberty on behalf of two White male investors and the American Alliance for Equal Rights AAER UNIQUE GROUP LAUNCHES TIP LINE FOR DOD EMPLOYEES TO DESCRIPTION DEI 'WOKE' OVERREACHThe casino committed to minority and women ownership as part of the population agreement which was drafted as part of a Illinois state law expanding gambling in the state In order to take part in the IPO an investor would have had to meet its Class A Qualification Criteria which stated that an investor must be a minority or woman Bally s accepted deposits from investors starting in December but wound up refunding them in February because the SEC had yet to approve of the IPO the Chicago Sun Times informed In April the casino dropped the controversial provisions from the IPO but stated they preferred investors to be from the Chicago area JOHNSON JOHNSON DENIES ENGAGING IN ILLEGAL DEI PRACTICES AFTER GROUP MAKES CIVIL RIGHTS COMPLAINTWILL which represented investors Richard Fisher and Phillip Aronoff in their episode alleged that Bally s was in violation of the Civil Rights Act of which bars racial discrimination in contracts the first Ku Klux Klan Act and years of Supreme Court precedent The conservative legal group is now celebrating the settlement with the casino This is a great win for equality Bally's Casino in Chicago the city of Chicago the state of Illinois had all agreed that they were going to open a new casino in Chicago and only allow minorities and women to own of the casino as part of an outlay And Bally has now dropped that requirement They filed papers with the SEC stating that the outlay will now be open to everybody And we think that's a great win for equality and we're very happy with this upshot WILL's managing vice president Dan Lennington narrated Fox News Digital Patrick Callahan a Chicago attorney who had been prevented from investing in the casino was pleased with the settlement but voiced a note of caution about the future of his city Under current state and local leadership it s hard to be too optimistic that Chicago will suddenly become a bastion of nondiscrimination That being declared this is a big conquest and I m hoping to see plenty of more of them Callahan explained Fox News Digital reached out to Bally's the Chicago mayor's office and the Illinois Gaming Commission for comment
