""Bally's Bronx" passed its committee of local city and state representatives in a 5-1 vote, making it the third applicant to advance of the initial eight candidates - a remarkable win given the fact the plan was nearly killed by the City Council. The Bally's plan will face off against two existing racinos, Resorts World in Queens and Empire City in Yonkers, during the final round of consideration by the state."
"The $4 billion Bronx proposal would involve building a 500,000-square-foot gaming complex and hotel on the city-owned golf course in Ferry Point Park. The links have been managed by Bally's since 2023, when it purchased the lease from the Trump Organization - which stands to receive a $115 million windfall if the site becomes a casino. "We are grateful to the Community Advisory Committee, our local elected officials, small business leaders,"
Bally's Bronx passed a Community Advisory Committee vote 5-1, becoming the third applicant to advance from eight initial candidates. The $4 billion plan calls for a 500,000-square-foot gaming complex and hotel on the city-owned Ferry Point golf course, managed by Bally's since it bought the lease from the Trump Organization in 2023; the Trump Organization would receive about $115 million if the site becomes a casino. The $3.4 billion Coney Island proposal from Saratoga Casino Holdings, Chickasaw Nation and Thor Equities was scrapped. The state's Gaming Facility Location Board may grant up to three commercial licenses; Resorts World and Empire City remain strong contenders, and Steve Cohen's Metropolitan Park is expected to advance.
Read at New York Daily News
Unable to calculate read time
Collection
[
|
...
]