Bally’s New York casino rezoning clears state legislature
Summary
Bally’s Corp has triumphed in the New York state legislature with the passing of crucial rezoning legislation, paving the way for a proposed casino in the Bronx. With just weeks left to meet the state’s bid deadline, Bally’s is racing to secure a $4 billion casino-resort project on its golf course.
Key Points
- New York state legislature has passed essential rezoning bills for Bally’s proposed Bronx casino.
- The proposition aims for a $4 billion casino-resort on the Bally’s Links golf course.
- Bally’s secured three key votes in quick succession to advance their project.
- The proposal is linked to past transactions involving the Trump Organisation which sparked some local criticism.
- As of now, Bally’s plans are competing with several other bids for downstate casino licenses.
Why should I read this?
If you’re interested in the fast-evolving landscape of gaming in New York, this article is a must-read. Bally’s moves are pivotal, not just for the company but also for the competitive future of casinos in the area. Stay in the loop on changes that could redefine the local economy and entertainment scene!