October’s first week brought a dramatic pivot for Bally’s Corp. It received 5-1 approval from its Community Advisory Committee (CAC) for its Bronx casino proposal. And company Chairman Soo Kim popped up in Las Vegas to unveil a new rendering of a planned megaresort on the former site of the Tropicana.
In a few days, Bally’s had gone from having one mega-resort project on its front burner to a potential threesome, each costing billions of dollars. What was not in evidence was how Bally’s intends to pay for its grand scheme to simultaneously build a trio of casino castles.
Still, Kim was able to bask in a Big Apple victory lap.