Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s aims for a Bronx casino has received a significant boost as the New York state legislature passed necessary rezoning legislation. The senate and assembly approved the bills with overwhelming votes, paving the way for Bally’s to submit its bid for a downstate casino license.
The proposed $4 billion casino-resort will be situated on Bally’s Links golf course, following a rapid approval process that began at the city council level. Despite facing criticism linked to its purchase from the Trump Organisation, Bally’s secured crucial votes to advance its project.
Key Points
- The New York state senate passed the casino rezoning with a 55-4 vote, followed by the assembly at 132-2.
- Bally’s aims to submit its casino application by the 27 June deadline.
- The $4 billion project on Bally’s Links golf course will bring a major new entertainment venue to the Bronx.
- Despite past controversies, Bally’s received the requisite approvals in an impressively quick timeframe.
- The overall application process for downstate casino licenses is competitive, with a deadline looming.
Why should I read this?
This article is a must-read if you’re intrigued by the evolving landscape of casino regulations in New York. With Bally’s progress marking a pivotal moment for the city’s gaming industry, staying updated on these developments can give you insight into potential future shifts in New York’s entertainment sector.