Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s has taken a significant step towards establishing a casino in the Bronx after the New York state senate and assembly approved essential rezoning legislation. This comes as Bally’s aims for one of three downstate casino licences, with the next deadline fast approaching.
Key Points
- The New York state legislature passed the rezoning legislation vital for Bally’s proposed casino.
- The vote was overwhelmingly in favour, signalling strong political support for the casino project.
- Bally’s proposes a $4 billion casino-resort at its ferry point golf course, aiming for a lucrative market.
- Criticism related to past associations with Donald Trump has not derailed Bally’s progress.
- The company is under pressure to meet impending deadlines for bid submissions and has other major projects in progress.
Why should I read this?
If you have any interest in the gaming or real estate sectors, this article is a must-read! It sheds light on Bally’s ambitious plans in New York, which could reshape the local economy and gaming landscape. Plus, with the upcoming deadlines, this is a hot topic that’s sure to develop rapidly.