Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s Corporation has cleared a significant legislative hurdle for its proposed Bronx casino project in New York. The New York state senate and assembly passed necessary rezoning legislation with a substantial majority. This paves the way for Bally’s to submit a proposal for one of three available downstate casino licences by the looming deadline.
Key Points
- The New York state senate passed the Bally’s rezoning bill with a 55-4 vote; the assembly followed with a 132-2 vote.
- Governor Kathy Hochul’s signature is still needed before Bally’s can officially bid for the casino licence.
- The proposed project includes a $4 billion casino-resort facility on the Bally’s Links golf course, near the Whitestone Bridge.
- Local criticism concerning connections to Donald Trump did not impede the legislative success.
- The deadline for submission of bids is set for 27 June, with a highly competitive landscape featuring at least 11 bidders now narrowed to eight.
Why should I read this?
If you’re interested in the ever-evolving landscape of gaming and casinos, this article provides crucial insights into Bally’s ambitious plans in New York. The developments could significantly impact the gambling scene in one of the largest markets in the US. Trust us, you’ll want to keep an eye on this one!