Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s secured three vital votes, keeping its New York casino ambitions alive! On Friday, the New York state senate and assembly passed critical rezoning legislation for Bally’s proposed casino in the Bronx. The bills were swiftly approved as the legislative session drew to a close, with Bally’s now just awaiting Governor Hochul’s signature to proceed with its $4 billion casino-resort project.
Key Points
- The legislation passed with strong support: Senate Bill S7049A (55-4) and Assembly Bill 7514 (132-2).
- Bally’s aims to develop a $4 billion casino-resort on its Bally’s Links golf course in Ferry Point.
- The project had faced local criticism for its ties to Donald Trump but overcame hurdles in securing necessary approvals.
- The deadline for submitting casino bids is set for 27 June, with Bally’s among the eight leading proposals.
- The company has ongoing projects, including its Chicago casino and plans for the Las Vegas Strip.
Why should I read this?
If you’re curious about the rapidly changing landscape of legal gambling in New York, this article has all the juicy details. With Bally’s making moves that could alter the casino scene in the Bronx, staying in the loop is key. Plus, there are implications for local economies and job markets!