New York State Gaming Commission approved three projects regarding gambling licenses in the New York City area. New York Mets owner Steve Cohen won approval to operate a casino in Queens. Cohen had submitted an $8B casino proposal with partner Hard Rock International. Genting is expanding into a casino next to the Aqueduct racetrack in Queens, while Bally’s (BALY) will operate a gaming facility at the site of a Bronx golf course.
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Read More on BALY:
- Bally’s and Steve Cohen picked to run New York City casinos, Bloomberg reports
- Bally’s jumps 8% to $18.93 after winning New York City casino bid
- Bally’s price target raised to $18 from $13 at Truist
- Bally’s Corporation Delays Quarterly Report Filing
- Bally’s price target raised to $20 from $10 at Stifel
