Bally’s chairman Soo Kim said the Trump Organization’s potential payment under a deal tied to the Ferry Point site was contributing to resistance to the company’s Bronx casino proposal. A city council spokesperson said work on the required home-rule messages had not been completed for the legislative session.
The city’s decision on the home-rule measure affects Bally’s ability to pursue a downstate casino concession.
| Date | Company | Amount | Story | Appeal status |
|---|---|---|---|---|
| Related Cos, Wynn Resorts | Not stated | New York City planning commission advances Western Rail Yards rezoning for proposed Wynn casino | Not stated | |
| Bally’s | Not stated | Bronx Community Board 10 opposes Bally’s proposed casino complex 29-5 | Not stated |
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Caesars Entertainment, SL Green Realty and Roc Nation revealed interior renderings for their proposed Times Square casino in New York. The developers put the project cost at $5.4 billion and forecast more than $7 billion in tax revenue over its first decade if approved; the proposal remains among eight bids for downstate casino licences.
New York Governor Kathy Hochul signed legislation allowing the Bronx site to be used for commercial purposes, advancing Bally’s casino proposal. The company still needs zoning, environmental and community advisory approvals; casino licence applications are due on 27 June, with decisions expected by year-end.
Wynn Resorts said on 19 May that it had withdrawn from the competition for one of three downstate New York casino licences. The company cited rezoning difficulties and political opposition to its planned Hudson Yards resort, developed with Related Companies.
Las Vegas Sands said it will not seek a New York casino licence for its proposed Nassau Coliseum development on Long Island. The company cited concerns that possible iGaming legalisation could affect the project and said it is seeking a third party to take on the bid; New York casino applications are due by 27 June.
US District Judge Lorna G. Schofield questioned the CFTC's prospects of securing a preliminary injunction to prevent New York from enforcing gambling laws against event-contract platforms. At a 14 September hearing, the agency argued that the contracts fall under its exclusive authority; New York, the American Gaming Association and 44 state attorneys general oppose that position. Federal appeals courts have issued conflicting rulings, and the Supreme Court has been asked to resolve the dispute.