Bally’s New York Casino Rezoning Clears State Legislature
Summary
Bally’s New York casino proposal gained crucial momentum after New York’s state senate and assembly approved rezoning legislation necessary for its Bronx casino plans. With the passing of Senate Bill S7049A and Assembly Bill 7514, Bally’s is set to submit a bid for one of three available casino licences by the approaching deadline.
The $4 billion casino-resort is planned for Bally’s Links golf course in Ferry Point. The proposal faced some pushback due to its ties with former President Donald Trump, yet the recent legislative approvals have-kept Bally’s on track in the highly competitive gaming landscape of New York.
Key Points
- The New York state legislature approved crucial rezoning legislation for Bally’s casino proposal in the Bronx.
- Senate Bill S7049A was passed with a 55-4 vote, followed by Assembly Bill 7514 with a 132-2 vote.
- Bally’s aims to submit its bid for one of the three downstate casino licenses before the 27 June deadline.
- The proposed casino-resort will cost roughly $4 billion, situated on Bally’s Links golf course.
- Despite facing local criticism over its ownership ties with Donald Trump, Bally’s secured needed state approvals.
Why should I read this?
If you’re keen on the gaming industry or simply curious about New York’s evolving casino landscape, this article gives you the lowdown on Bally’s latest moves to establish a Bronx casino. With significant votes now in their favour, it’s a pivotal moment that could reshape the local market – plus, you’ll get the essentials without slogging through all the nitty-gritty details.