Bally’s New York Casino Rezoning Clears State Legislature
Summary
In a significant step for Bally’s Corporation, rezoning legislation critical to the Bronx casino proposal has been successfully passed by New York state legislators. The path is now almost clear for Bally’s to submit its bid for one of the three available casino licences.
Key Points
- Bally’s secured crucial votes, including a 55-4 vote in the Senate and a 132-2 in the Assembly.
- Governor Kathy Hochul’s signature is all that’s needed to finalise the proposal.
- The casino-resort would be located on Bally’s Links golf course in Ferry Point, projected to cost $4 billion.
- Local criticism has arisen due to the casino’s ties with the Trump Organisation, which sold the golf course to Bally’s.
- The deadline to submit bids is rapidly approaching on 27 June.
- Bally’s is also managing various projects, including a $1.8 billion permanent casino in Chicago, due by September 2026.
Why should I read this?
If you’re in the gaming industry or just interested in New York’s urban development, this article serves up the latest on Bally’s bold bid in the Big Apple. With stakes this high and deadlines around the corner, it’s essential to stay in the loop about what’s unfolding in the city’s gambling landscape.