With Yonkers’ MGM “racino” expansion now off the table for a casino license, Bally’s has expressed confidence that its tax structure and financial backing will bring an economic boom to the borough — while downplaying the benefit to President Donald Trump, whose Trump Organization will receive $115 million if the project is approved by the state.
Bally’s is now one of just three remaining bids recently approved by their respective Community Advisory Committees (CACs) to proceed through the state approval process.
The other two, both in Queens, are Resorts World NYC in South Ozone Park, which would expand its existing “racino,” and Metropolitan Park, which would transform part of a Citi Field parking lot into a hotel-casino complex and public park. The winners are expected to be chosen by the end of the year.
