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Casino operator Bally’s Corporation (New York Stock Exchange: BALY) reportedly wants to enter the New York City market with a casino in the Bronx.
“We are incredibly excited about the prospect of bringing Bally’s community-focused approach to gaming. and entertainment to the Bronx. At Bally’s, we start with the proposition that community leaders know what’s best for their community,” said Bally’s (COUNTER) spokesman.
sources said the new york post office the company has had talks with the Trump Organization to secure the 17 acres needed for the proposed site of approximately 300 acres. The Trump Organization operated casinos in Atlantic City, New Jersey in the past.
Despite heated competition for gaming licenses for the New York City market, Bally’s (BALY) is the first to propose a site in the Bronx.
Bally’s Corporation (BALY) updated its guidance on Monday and announced a chief executive officer change. The company is scheduled to report earnings on February 23 and hold a conference call that will include more details about the New York City casino hunt.
