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The Texas furniture magnate bet $500K at the casino for the University of Houston to win the NCAA¡¯s March Madness basketball tournament. A short time earlier, McIngvale won $75.7 million from wagers on the recent World Series.


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Bally¡¯s filed its application with the Illinois Gaming Board in August, seeking approval for the riverfront casino-resort at Chicago Avenue and Halsted Street. The project still needs approval from the Chicago Plan Commission, which will have a hearing on the proposal next month.
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