Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s New York casino proposal just took a significant step forward as the state senate and assembly passed essential rezoning legislation. This legislation paves the way for the proposed $4 billion casino-resort in the Bronx, located on Bally’s Links golf course.
Key Points
- The New York state legislature passed critical rezoning legislation for Bally’s casino with significant support: Senate Bill S7049A passed 55-4, and Assembly Bill 7514 passed 132-2.
- The proposal must now be signed by Governor Kathy Hochul to proceed with the licensing bid by 27 June.
- The casino-resort is intended to be built on Bally’s Links golf course in the Bronx and has faced criticism due to its connection with the Trump Organization.
- As the state’s application deadline approaches, the number of comprehensive bids has decreased, with only two currently ready to submit their proposals.
- Bally’s is concurrently managing several ongoing projects, including a permanent casino in Chicago due by September 2026.
Why should I read this?
This article sheds light on Bally’s ambitious plans in New York and the political machinations at play. As the landscape for New York casinos shifts, understanding these developments is key for anyone interested in the gaming industry. Don’t miss out on the chance to grasp how Bally’s is manoeuvring through state politics and what it means for future casino projects!