Bally’s New York Casino Rezoning Clears State Legislature
Summary
After garnering crucial votes, Bally’s New York casino proposal has moved a step closer to reality as the state legislature passes necessary rezoning legislation. This significant step is essential for Bally’s to bid for one of the coveted downstate casino licences by the upcoming deadline.
Key Points
- Bally’s has secured key legislative votes to advance its Bronx casino plan.
- The New York state senate and assembly passed rezoning legislation with overwhelming support.
- The casino project is centred on a proposed $4 billion resort adjacent to Bally’s Links golf course.
- Governor Kathy Hochul’s signature is the final requirement before the proposal can move forward.
- Deadline for submissions is set for 27 June, heightening the urgency for Bally’s.
- Other competing bids for New York’s casino licences are currently in various stages of the approval process.
Why should I read this?
If you’re interested in the evolving landscape of casinos and their regulation in New York, this article highlights a key development in Bally’s pursuit of a casino licence. It’s a must-read for anyone keen on understanding the dynamics that could shape the future of gaming in the state.