#Latest news with #ownershipStakesBloomberg8 hours agoBusinessBloombergChicago Settles Suit by White Men Barred From Casino Share SaleBally's Corp. and the city of Chicago said they have settled a lawsuit brought by two white man and a conservative legal group which challenged a $1.7 billion casino project that offered ownership stakes only to women and people of color. The settlement comes after Bally's revised the share-sale terms in April by opening it up to other investors. No terms were disclosed in a Friday federal court filing in Chicago, where the men had sued in January alleging discrimination.
Bloomberg8 hours agoBusinessBloombergChicago Settles Suit by White Men Barred From Casino Share SaleBally's Corp. and the city of Chicago said they have settled a lawsuit brought by two white man and a conservative legal group which challenged a $1.7 billion casino project that offered ownership stakes only to women and people of color. The settlement comes after Bally's revised the share-sale terms in April by opening it up to other investors. No terms were disclosed in a Friday federal court filing in Chicago, where the men had sued in January alleging discrimination.
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