Bally’s New York casino rezoning clears legislature
Summary
Bally’s New York casino proposal has taken a significant step forward as the New York state legislature passed essential rezoning legislation, moving the company one step closer to securing a downstate licence. With the state assembly and senate approvals in place, the proposal now awaits the governor’s signature before it can submit a bid.
Key Points
- The New York state legislature approved the rezoning bill necessary for Bally’s Bronx casino plans.
- The proposed casino-resort includes a $4 billion investment on Bally’s Links golf course.
- Three key legislative votes passed efficiently, paving the way for a bid submission before the 27 June deadline.
- Local criticisms regarding ties to Donald Trump did not impede legislative progress.
- Bally’s also has various projects in the pipeline, including a $1.8 billion permanent casino in Chicago and potential developments on the Las Vegas Strip.
Why should I read this?
If you’re keen on the dynamics of the casino industry or the socio-political landscape of New York, this latest development is a must-read! Bally’s is not just making headlines; they’re shaping the future of gaming in the state. Get the lowdown on what this means for competition, local economy, and upcoming bids—it’s a rollercoaster you won’t want to miss!