Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s has secured the necessary rezoning legislation through the New York state senate and assembly for its casino proposal in the Bronx. With key votes secured, the company is now awaiting the governor’s approval to submit a bid for one of three available downstate licences by 27 June.
Key Points
- Bally’s New York casino proposal has passed the necessary legislature with strong votes.
- The operator is proposing a $4 billion casino-resort on its golf course in Ferry Point.
- Criticism has emerged due to the connection with Donald Trump, from whom Bally’s acquired the golf course.
- The New York licensing process is now down to 8 bidders, with Bally’s among two ready to submit proposals.
- Bally’s is also working on multiple projects, including a $1.8 billion Chicago casino.
Why should I read this?
This article is a must-read for anyone interested in the dynamic world of casino development in New York. Bally’s significant progress not only impacts the local economy but also reflects trends in the gaming industry. As stakes rise with licencing bids, understanding these developments could provide valuable insights into the future of gaming in the region.