NYC Council rejects land use change for Bally’s planned Bronx casino effectively killing bid for gaming license
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The property will also feature a tiny homes village called “Tiny Town,” the return of the Chip’s legendary summer oasis “Bikini Beach,” and a replica of the “over-the-top” Big Engine Bar. A rezoning could grant the company the ability to develop the site even if no casino license is awarded. However, Thor simply doesn’t see any way to truly revitalize Coney Island from an economic standpoint without a gaming facility attracting visitors to the beach during the slow winter months.
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Despite the Board 13’s expressed opposition, Thor COO Melissa Gliatta believes the company is slowly bringing people around to the proposal with the prospect of jobs and tourism dollars. Cohen and Hard Rock believe the casino could produce $3.9 billion in annual revenue within the first three years after opening. After initial resistance, the Council gave the go-ahead for the state Legislature to pass a law allowing Bally’s to use part of the golf course for a betting facility. But Queens Francisco Moya, who represents Queens communities around the proposed Queens casino site, supports the Cohen-Hard Rock bid, paving the way for broader Council backing. “This application we’re voting on will not grant Ballys a gaming license….
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