Bally’s New York casino rezoning clears state legislature
Summary
Bally’s Corp has successfully cleared crucial rezoning legislation for its proposed casino in New York City. Following votes in both the New York state senate and assembly, the path is now clear for Bally’s to submit its bid for one of three downstate casino licences before the 27 June deadline.
Key Points
- The New York state senate passed the rezoning legislation with a 55-4 vote.
- Bally’s proposal includes a $4 billion casino-resort situated on its Links golf course in Ferry Point, Bronx.
- Despite local criticism linked to its acquisition from the Trump Organization, Bally’s moved forward with significant support in the legislature.
- Only two out of eleven original bids are ready for submission, highlighting the competitive nature of the licensing process.
- Bally’s is also engaged in various projects, including building a permanent casino in Chicago, and plans for the Las Vegas Strip.
Why should I read this?
If you want to stay in the loop about the ever-evolving casino landscape in New York, this article is a must-read! With Bally’s racing against time and navigating the complexities of legislation and public opinion, this could significantly alter the gaming scene in the city.
