Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s has secured crucial votes in the New York state legislature to move forward with its casino proposal in the Bronx, crucial for acquiring one of the three available downstate licences. The rezoning legislation has now passed both the state senate and assembly, paving the way for Bally’s to submit its bid ahead of the 27 June deadline.
Key Points
- Bally’s proposes a $4 billion casino resort at the Bally’s Links golf course in Ferry Point.
- The New York state senate voted 55-4, while the assembly passed the corresponding bill 132-2.
- The project faced some criticism linked to its prior ownership by Donald Trump but advanced swiftly.
- As the deadline nears, the competitive licensing landscape sees Bally’s among eight active proposals.
- The company simultaneously manages multiple projects, including a Chicago casino and plans for its Las Vegas site.
Why should I read this?
If you’re into gaming news, this article is a must-read! Bally’s recent legislative win could shift the balance in New York’s competitive casino landscape. With high stakes and a fast-approaching bid deadline, it’s an electrifying time for operators and investors alike. Don’t miss out on the details that could influence the future of gaming in the Big Apple!