Bally’s New York Casino Rezoning Clears State Legislature

Bally’s New York Casino Rezoning Clears State Legislature

Summary

Bally’s has just secured a major win as the New York state legislature has passed crucial rezoning legislation, which paves the way for the company’s proposed Bronx casino project. This move positions Bally’s closer to a coveted downstate licence, which could mean big things for their ambitions in the city.

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Key Points

  • The New York state senate and assembly approved rezoning legislation for Bally’s Bronx casino proposal.
  • This clearance brings Bally’s closer to submitting a bid for one of the three available downstate casino licences by 27 June.
  • Bally’s proposed a $4 billion casino-resort on its Links golf course, previously owned by the Trump Organisation.
  • Despite local criticism regarding its Trump ties, the project has garnered significant legislative support.
  • As competition for the downstate licences heats up, Bally’s aims to have the necessary approvals in place before the bid deadline.

Why should I read this?

If you’re curious about the evolving landscape of casinos in New York, this article gives you the inside scoop on Bally’s progress. It’s a big deal for the city and the state as a whole. Don’t miss out on understanding how this could affect future entertainment options in New York!