Bally’s New York casino rezoning clears state legislature
Summary
Bally’s has made significant strides in its ambition to open a casino in New York City. The New York state senate and assembly have recently passed rezoning legislation crucial for Bally’s proposal for a casino in the Bronx. The plans entail a $4 billion casino-resort on the company’s Bally’s Links golf course in Ferry Point. Now, only Governor Kathy Hochul’s signature stands in the way before Bally’s can submit its bid.
Key Points
- Bally’s secured legislative approval for its casino zoning in the Bronx with overwhelming votes in both chambers.
- The $4 billion project aims to enhance the local economy with potential job creation and increased tourism.
- Approval from Governor Hochul is needed to proceed with the bid by the looming deadline of 27 June.
- The proposed development has faced scrutiny due to its historical ties to Donald Trump but continues to advance.
- Other competing bids in New York are also emerging, intensifying the race for casino licences.
Why should I read this?
If you’re interested in the future of gaming in New York, this article serves up all the juicy details on Bally’s ambitious plans and the what’s at stake. The implications are huge, not just for Bally’s but for the local economy, making it a must-read to stay in the know about this rapidly evolving situation.