Bally’s New York casino rezoning clears state legislature

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 has passed crucial rezoning legislation. With the New York City Council’s approval already in place, Bally’s is now just a signature away from advancing its $4 billion casino-resort plan for the Bronx.

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Key Points

  • The New York state senate passed the rezoning bill with a 55-4 vote, while the assembly followed with a 132-2 vote.
  • Bally’s must gain approval from Governor Kathy Hochul to meet the June 27 application deadline.
  • The proposed casino will be situated on the Bally’s Links golf course in Ferry Point, near the Whitestone Bridge.
  • Local opposition has been voiced, particularly regarding the property’s previous ownership by Donald Trump.
  • With 11 potential bids initially, only two are currently in a position to submit an application by the deadline.
  • Approval is necessary not only from the state legislature but also from the New York City Council and other public hearings.

Why should I read this?

If you’re even remotely interested in the evolving landscape of casinos in New York, this article’s a must-read! Bally’s is on the brink of making big moves that could impact the local economy and gambling scene. We’ve saved you the headaches of piecing together the details from multiple sources — this is the lowdown on a pivotal moment in the city’s gaming industry!

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