Bally’s $4 Billion Bronx Casino Bid Wins CAC Approval (Casino.org)

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Advisory committee approves controversial Bronx casino plan It moves on to Gaming Facility Location Board (GFLB) for consideration Could be uphill battle for battle for Bally’s due to property’s Trump ties Bally’s plan to bring a $4 billion casino hotel to the Ferry Point golf course in the Bronx, NY, was approved by a community advisory committee (CAC), meaning the proposal advances in the competition to land three downstate casino permits. A community advisory committee has voted to approve the application for the proposed Bally’s Ferry Point casino project. The application now advances to the New York Gaming Facility Location Board, which is expected to announce the winners of the state’s three downstate gaming licenses by the end of the year. (Image: Ballys) The project dubbed Bally’s Bronx at Ferry Point was in jeopardy in July after the New York City Council voted 29-9 to reject a land-use application needed to rezone the land on which the regional casino operator…Read MoreCategory: Commercial Gaming, Mid-Atlantic, Real Estate, Regional News, commercial gaming, mid-Atlantic, real estate, regional newsSource: Casino.org

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