Bally’s New York casino rezoning clears state legislature
Summary
Bally’s secured crucial votes to keep its hopes for a New York casino alive, as the state senate and assembly passed essential rezoning legislation. This paves the way for Bally’s to bid for one of three available downstate licences for a proposed $4 billion casino-resort in the Bronx.
Key Points
- Bally’s New York casino proposal received key approvals from the state legislature.
- The rezoning facilitates a $4 billion project at Bally’s Links golf course in Ferry Point.
- Governor Kathy Hochul’s signature is needed to complete the legislative process.
- Despite local criticism related to Trump ties, Bally’s has gained necessary votes swiftly.
- Bally’s faces a tight deadline for submission by 27 June.
Why should I read this?
If you fancy keeping an eye on the gaming sector, this article is a must. Bally’s moves in New York could reshape the landscape of casino operations in the region, making it a hot topic for those interested in real estate and development trends in the gaming industry.
