tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NYC mayor vetoes bill halting Bally’s casino bid, The Real Deal reports

New York City Mayor Eric Adams vetoed the City Council’s vote against Bally’s (BALY) request for zoning changes needed to turn part of the city-owned golf course at Bally’s Golf Links into a $4B casino project, The Real Deal’s Kathryn Brenzel reports. The company needs the zoning approval to move forward in the casino space, the author notes. In a statement provided to TRD, Adams said the veto will “re-level the playing field and allow the Bronx to have a seat at the table, rather than give an unfair advantage to the other bidders and boroughs.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1