Roll the dice! Eric Adams helps save Trump-linked Bally’s casino bid
It became the first legalized casino outside the state of Nevada, throughout the whole United States. The Bronx casino proposal from Bally’s Corp is still alive after the project received critical rezoning approval from the New York City Council on Wednesday afternoon. After narrowly passing through a committee earlier in the day, the full council vote came in at 32-12, with seven abstentions. The content on this site is for entertainment purposes only and CBS Sports makes no representation or warranty as to the accuracy of the information given or the outcome of any game or event. This site contains commercial content and CBS Sports may be compensated for the links provided on this site. The company said Monday it has become clear through the rezoning process that there are better uses for its capital.
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Their actions today allow us to move forward to the next step of making this happen for NYC,” said Christopher Jewett, Bally’s senior vice president of corporate development. As part of the deal to acquire the golf course at Ferry Point in 2023, Bally’s agreed to provide the Trump Organization an additional $115 million if it wins a casino license. If approved, it would allow the golf course property, currently designated as state parkland, to be repurposed as a casino complex. The legal age in some areas of certain states can reach as low as 18 years old. There are cases of the legal gambling age residing at 18, 19, 20, or, most commonly, 21 years old.
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But Wynn says “any casino operator” will face stiff opposition for years to come. The company said it will instead spend its capital on stock buybacks and existing and upcoming developments. It is building the first casino resort in the Middle East in the United Arab Emirates. “We appreciate the City Council, including the Speaker and Bronx Delegation in particular, for recognizing the opportunity that this project can afford to the Bronx and the City as a whole.