Bally’s New York casino rezoning clears state legislature
Summary
Bally’s New York casino proposal has taken a significant step forward as the New York state legislature passed essential rezoning legislation for its Bronx casino project. The bills have now secured necessary votes, paving the way for Bally’s to bid for one of the three available downstate licences.
Key Points
- The New York state senate passed rezoning legislation for Bally’s proposed casino with a 55-4 vote.
- The assembly followed suit, approving with a vote of 132-2, now awaiting the governor’s signature.
- Bally’s proposes a $4 billion casino-resort at its Links golf course in Ferry Point, Bronx.
- The project has faced criticism due to its connection with Donald Trump but continues to advance.
- The application deadline for bids is set for 27 June, intensifying competition among several proposals.
- Concerns about Bally’s financial capacity for the project persist amid its existing debts.
Why should I read this?
This article details the fast-paced developments in Bally’s pursuit of a Bronx casino, shedding light on the potential for major changes in New York’s gaming landscape. If you’re interested in city planning, economic development, or the gaming industry, this is a must-read.
