Bally’s New York casino rezoning clears state legislature
Summary
Bally’s Corporation has gained crucial support for its proposed Bronx casino by securing vital rezoning legislation from both the New York state senate and assembly. This approval is a step closer for Bally’s to potentially secure one of the three available downstate casino licences by the end of June.
Key Points
- The New York state senate approved Bally’s rezoning plan with a 55-4 vote, followed by a 132-2 vote in the assembly.
- Governor Kathy Hochul’s signature is needed for Bally’s to move forward with its bid by the looming deadline of 27 June.
- Bally’s is proposing a $4 billion casino-resort on its golf course in Ferry Point, Bronx.
- The casino bid received mixed local reaction due to Bally’s ties with former President Donald Trump.
- There are eleven bids in the running, with Bally’s and two racinos currently ready to submit proposals.
Why should I read this?
If you’re interested in the evolving landscape of gaming in New York, this article is a must-read! It reveals how Bally’s is positioning itself in a competitive bid for a new casino licence amidst looming deadlines and regulatory hurdles. You’ll want to keep an eye on this story as it unfolds—big changes are on the horizon for the city’s gaming industry!