Bally's secures $400m financing for planned Bronx casino
Bally's Corp. closed a financing package for its planned casino in the Bronx, New York, the company said. The package includes $400 million in initial term loans and $160 million in delayed-draw commitments; the company said proceeds will support pre-construction and project costs, as well as some corporate purposes. The resort is expected to open by 2030.
The financing supports pre-construction and development of Bally's planned New York casino.