Bally’s Secures $560 Million WhiteHawk Financing for Bronx Casino
The funding supports pre-construction planning for the proposed $4 billion Ferry Point resort as Bally’s continues its broader capital raise.
The funding supports pre-construction planning for the proposed $4 billion Ferry Point resort as Bally’s continues its broader capital raise.
Revenue slipped less sharply as the hold rate improved, but the state still logged only its second monthly year-over-year handle decline since mobile betting began.
The agreement covers Chumba Casino, Global Poker and LuckyLand Slots and gives some former customers a year to redeem eligible coins
The sportsbook says New York’s server-based rules and federal tribal gaming law leave the tribe without a claim.
The rating agency cited spending in New York and Singapore, but now sees the Queens casino generating $450 million of EBITDA by 2028.
The Queens casino says its 56% offer was meant to include horse-racing support, while the state says the charge must be added on top.
Lawmakers say the fight could threaten a $4 billion expansion, while regulators insist racing support payments are separate from casino taxes.
Its new exposure study says online gaming and proposed North Jersey casinos could put thousands of jobs and nearly $2 billion in output at risk by 2035.
The bills would block bets from college property, but critics say the hard part is defining and maintaining the boundaries.
The state’s “Take a Pause” campaign leans on recovery stories, multilingual PSAs and free counselling as visits to its gambling help site climb sharply.