Bally’s New York casino rezoning clears state legislature
Summary
Bally’s has successfully passed key rezoning legislation in New York, clearing the way for its proposed casino in the Bronx. The state senate and assembly voted unanimously to support this key legislation, which now awaits the governor’s signature. With a goal to secure one of three downstate casino licences, Bally’s is poised to submit its bid by the approaching deadline.
Key Points
- Bally’s passed crucial rezoning legislation with a 55-4 senate vote and a 132-2 assembly vote.
- The casino proposal includes a $4 billion resort at the Bally’s Links golf course.
- Approval from Governor Kathy Hochul is pending to meet a 27 June deadline for bids.
- Local criticism arose due to links to Donald Trump, but it has not stalled progress.
- Bally’s also has projects underway in Chicago and on the Las Vegas Strip.
Why should I read this?
If you’re interested in the shifting landscape of casino legislation and the high stakes of gaming development in New York, this article is a must-read. Bally’s new proposal could reshape the Bronx, and understanding these ongoing developments can give you insights into future trends in the gaming industry.