Bally’s New York casino rezoning clears legislature
Summary
Bally’s has successfully pushed through rezoning legislation essential for developing a casino in the Bronx. The New York state senate and assembly passed the necessary bills, allowing Bally’s to submit its proposal for a $4 billion casino resort on its golf course in Ferry Point.
Key Points
- Legislation passed with overwhelming support: Senate Bill S7049A (55-4) and Assembly Bill 7514 (132-2).
- Proposal includes a $4 billion casino-resort at Bally’s Links golf course.
- Fast-tracked through state legislature after city council approval.
- Opposition arose due to connections with Donald Trump, though it didn’t hinder progress.
- Bally’s faces a tight deadline to submit its bid by 27 June.
Why should I read this?
If you’re keen on the gaming industry’s moves, this article is a must-read! Bally’s push into New York is huge, with potential impacts on local economies, tourism, and, of course, the competitive landscape of casinos. Plus, there’s some political intrigue with its Trump connection—worth a look!