Bally’s New York Casino Rezoning Clears Legislature
Summary
Bally’s New York has gained crucial support as the state legislature approved rezoning for its proposed casino in the Bronx. After receiving essential votes in both the state senate and assembly, the corporation is on the brink of submitting its bid for one of the three available downstate licences.
Key Points
- Bally’s obtained key votes in the New York state senate and assembly for its Bronx casino project.
- The proposed casino is planned as a $4 billion resort and is located near the Whitestone Bridge.
- Governor Hochul’s signature is awaited to complete the legislative process.
- Current competition includes at least eight bidders for the final downstate licences, with Bally’s and two racino bids leading the charge.
- The licensing process must conclude swiftly with a deadline approaching on 27 June.
Why should I read this?
If you’re interested in the gaming industry and its developments, especially in New York, this article provides a timely update on a significant project. Bally’s push for a Bronx casino could reshape the gambling landscape in the area, making this a must-read for anyone keen on staying in the loop!