Bally’s New York casino rezoning clears state legislature
Summary
Bally’s casino proposal in the Bronx has taken a significant step forward as both the New York state senate and assembly have passed essential rezoning legislation. With these votes, Bally’s is now close to submitting a bid for one of the three available downstate casino licenses.
Key Points
- The New York state senate passed the rezoning legislation with a 55-4 vote.
- The assembly followed suit with a 132-2 vote in favour.
- Bally’s aims to establish a $4 billion casino-resort at its Bally’s Links golf course in Ferry Point.
- The approval process received criticism due to Bally’s connection with Donald Trump, but this did not impede progress.
- With the deadline for applications set for June 27, Bally’s needs Governor Hochul’s signature next.
Why should I read this?
If you’re following the casino licensing race in New York, this article is critical. Bally’s securing changes necessary for their Bronx proposal means big stakes for the local economy and gaming landscape. With just weeks to go before the application submissions, understanding the dynamics at play is crucial for anyone keen on the future of gaming in New York.