Bally’s New York Casino Rezoning Cleared by State Legislature
Summary
Bally’s Corporation has successfully passed the rezoning legislation necessary for its Bronx casino proposal in New York. This crucial step was marked by a significant vote in the state senate and assembly, allowing Bally’s to move closer to obtaining one of the three coveted downstate licences.
Key Points
- The New York state senate passed the rezoning legislation with a 55-4 vote and the assembly followed with a 132-2 vote.
- Governor Kathy Hochul’s signature is now required for Bally’s to submit its bid by the 27 June deadline.
- Bally’s plans to build a $4 billion casino-resort on its golf course in Ferry Point, Bronx.
- Concerns were raised regarding Bally’s links to Donald Trump but did not hinder the progress.
- As the 27 June bid deadline approaches, Bally’s faces a competitive field with at least eight comprehensive bids for the New York casino licence.
Why should I read this?
If you’re interested in the evolving landscape of casino operations in New York, this article is a must-read! Bally’s significant moves highlight not just their ambition in the gaming industry, but also the complex political processes behind big projects. Understanding these developments could give you insight into how local legislation impacts major investments.