Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s Corporation has received crucial backing as New York’s state legislature passed legislation vital for its Bronx casino project, which aims to secure one of three downstate casino licences. The senate and assembly voted overwhelmingly in favour of the rezoning required to move forward with the proposed $4 billion casino-resort near the Whitestone Bridge, following swift approvals from local authorities.
Key Points
- The New York state legislature passed rezoning legislation with a strong majority, paving the way for Bally’s casino proposal.
- Governor Kathy Hochul’s signature is pending to complete the necessary approvals before the application deadline of 27 June.
- Bally’s plans a $4 billion casino-resort on its Bally’s Links golf course in the Bronx.
- Despite local criticism over its ties to Donald Trump, the proposal has made quick progress through legislative channels.
- With only eight bids remaining, Bally’s project now competes against established racinos and other proposals in New York City.
Why should I read this?
If you’re keeping an eye on the gaming and casino scene, especially in New York, this news is pretty massive. Bally’s Bronx proposal is gaining momentum, and the implications for the gambling landscape in New York are significant. It’s all systems go as the deadline approaches, and this article gives you the lowdown on who’s who in this high-stakes game.