Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s New York has gained crucial support as the state senate and assembly passed rezoning legislation for a casino in the Bronx. This bill is vital for Bally’s to secure a downstate casino licence with a submission deadline approaching.
Key Points
- The New York state senate and assembly approved critical rezoning legislation for Bally’s proposed casino.
- This approval allows Bally’s to submit a bid for one of the three available downstate casino licenses by 27th June.
- The proposed casino will be a $4 billion resort located at Bally’s Links golf course in Ferry Point.
- Bally’s faces competition from at least eight bids for the downstate licences, with other opponents already ready to submit.
- Missed deadlines or delays could impact the likelihood of Bally’s securing a licence in a competitive environment.
Why should I read this?
If you’re interested in the evolving landscape of gaming in New York, you won’t want to miss this. Bally’s progress showcases how quickly things can change in the state legislature and the pressures involved in landing a lucrative casino licence. Read up to stay ahead of the curve’s turns!
