Bally's optimistic about gaming license for Bronx casino
Community members have split opinions. While some are glad about the jobs it will create, others expressed environmental concerns and traffic congestions.
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Bally's Corporation is rolling the dice in the Bronx, with plans to transform Bally's Golf Links at Ferry Point into a resort casino. The integrated resort would generate about 3,500 jobs in the area.
"This will be the largest private investment in the Bronx, potentially of all time," said Soo Kim, chairman for Bally's Corporation.
The property is public parkland. In order to move forward with the plan, the gaming giant must get New York City and New York state lawmakers on their side to approve the change of use for the parking lot. No law made it to the floor this past session.
"I am still listening to my constituents and hearing their opinions... on the particular issue and weighing which way we should go on that," said Assembly member Michael Benedetto.
Community members have split opinions. While some are glad about the jobs it will create, others expressed environmental concerns and traffic congestions.
MORE: Bronx residents on opposing sides on future of Bally Links
While this legislation is key in their plans, Kim remains optimistic that they will garner support in January, when the next legislative session begins.
"We've been building community support, reaching out to local elected [officials], community groups. This is a this is a process that has to take time because you can't rush these things," said Kim.
Even with support, the resort casino is all contingent on securing one of three downstate gaming licenses that 11 companies are vying for. That decision is expected to come in late 2025.
"We're optimistic, excited about what a full-scale integrated resort could bring to this community and really the Bronx as a whole," said Kim.
The next steps are a public hearing to discuss the city's proposal and to get feedback from the community to compose an environmental review. The meeting will be held virtually on June 25th at 4 p.m.
