Bally’s New York Casino Rezoning Clears Legislature
Summary
Bally’s has moved a step closer to establishing a casino in New York after the state legislature approved the necessary rezoning legislation for its Bronx proposal. The bills passed with overwhelming support, paving the way for Bally’s to submit its casino bid by the upcoming June deadline.
Key Points
- Bally’s secured key votes in the New York state legislature essential for its casino proposal.
- The approvals set the stage for a $4 billion casino-resort project on its Ferry Point golf course.
- The project has faced scrutiny due to its ties with Donald Trump but has garnered legislative support.
- A tight deadline of June 27 looms for bid submissions, with the competition narrowing down to several key proposals.
- Bally’s has numerous ongoing projects, including a $1.8 billion casino in Chicago, alongside other ventures.
Why should I read this?
If you’re curious about the evolving landscape of the gaming industry in New York, you’ve stumbled upon something big! This article is packed with info on Bally’s ambitious plans and the legislative hurdles they’ve tackled. What’s at stake? A lot! Nail-biting deadlines and big bucks are in play, shaping the future of gaming in the state. Trust me, it’s worth a look!