Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s Corporation has successfully passed necessary rezoning legislation in New York, vital for its proposed casino in the Bronx. The New York state senate and assembly have both voted in favour, allowing Bally’s to proceed with its casino bid before the June 27 deadline.
Key Points
- The rezoning allows Bally’s to bid for one of three available Bronx casino licenses.
- Senate Bill S7049A and Assembly Bill 7514 passed with significant support, indicating a strong legislative backing.
- Bally’s is proposing a $4 billion casino-resort project on the site of its Ferry Point golf course.
- The project faced criticism due to its ties with Trump’s organisation, but this did not slow the legislative progress.
- With deadlines approaching, Bally’s strategic moves are crucial for its New York operations amidst growing competition.
Why should I read this?
If you’re interested in the future of gaming in New York, you’ll want to know about Bally’s latest moves. With significant legislative support boosting their bid, this project could reshape the landscape of casino operations in the state. Don’t miss out on the competition that’s heating up!