Bally’s New York Casino Rezoning Clears Legislature
Summary
Bally’s Corporation has successfully passed essential rezoning legislation in New York to advance its proposal for a Bronx casino. On June 13, 2025, both the state senate and assembly voted favourably, paving the way for Bally’s to bid for one of the three available downstate casino licences.
Key Points
- The New York state senate passed the rezoning with a 55-4 vote.
- Accompanying legislation in the assembly received a vote of 132-2.
- Bally’s proposes a $4 billion casino-resort on its Ferry Point golf course.
- The approval process is quickening as the bid submission deadline approaches on June 27.
- Concerns were raised regarding Bally’s connection to Donald Trump, but progress continues.
- In addition to the New York proposal, Bally’s is managing projects in Chicago and Las Vegas.
Why should I read this?
If you’re interested in the evolving landscape of casinos in New York, you’ll want to catch up on this article. Bally’s proposal not only sheds light on the legislative process but also explores the implications for the gaming industry in the state. Plus, it might affect the broader market dynamics as the bidding deadline looms!