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Bally’s, the big casino operator, is selling shares only to women and minorities in its new gambling resort mecca being built in Chicago’s River West neighborhood. A minority preference of some kind was a condition to city approval of the project, and this is what the city and Bally’s agreed to.
Isn't this blatantly illegal?
The whole article is worth skimming too as the terms of the offering are pretty wack
Clicking through the link from the article and the fine print at the bottom of the ZH article, it sounds like it's 25%, not 100%. Since it's based on the deal Chicago gave them, I'm guessing it's potentially illegal (depending on court challenges), but sanctioned).
(Have I mentioned I'm not a big ZH fan? It's because they often take something that already stands on its own as a problem and dress it in hyperbole.)
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Have I mentioned I'm not a big ZH fan? It's because they often take something that already stands on its own as a problem and dress it in hyperbole
Fair enough. I'm guilty of overreacting to some of their headlines for sure.
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Doesn't surprise me.
Just yesterday I was just doing a boat-load of research on apprenticeships, the types that are available, application process, etc.
The thing that struck me most is how blatantly racist and sexist every single last one was. (Except there was one, set up by an industry group and not funded by government, which didn't appear to be racist/sexist).
But the rest - they all favor "historically under-represented groups". Some of them say flat-out, that it's ONLY for the "historically under-represented". And there's either no white males at all, in any of the photos, or maybe one.
Another interesting thing is - I was going through a list that was very recent, from last year. And lots of these programs have gone dead, broken links, or they just say it's not running anymore.
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Yeah, I hope some of these explicitly discriminatory are put to an end.
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