Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s Corp has successfully pushed through necessary rezoning legislation for its Bronx casino proposal, gaining key votes from the New York state senate and assembly. This crucial step allows them to vie for one of the downstate casino licences, with a bid submission deadline looming.
Key Points
- Bally’s secured legislative support with a 55-4 vote in the senate and a 132-2 vote in the assembly.
- The proposed $4 billion casino-resort will be built on Bally’s Links golf course near the Whitestone Bridge.
- Approval from Governor Hochul is the last step before Bally’s can submit its bid.
- The project faced criticism due to its ties with Donald Trump, but this did not impede progress.
- As of now, Bally’s competes against at least eight other bids in the ongoing licensing process.
Why should I read this?
If you want to stay ahead of the game in the casino industry, this article is a must-read! Bally’s push for a casino in the Bronx could reshape the landscape of gambling in New York. With the deadline fast approaching, knowing the details of this rezoning could give you insights into future trends.