August 5, 2021
To satisfy a wagering requirement
Bally’s still in New York casino race after council approval
Through its nonprofit arm, Bally’s has tried to garner local support, funding a free bus shuttle service between the golf course and Hutchinson River Parkway. And with the help of Attorney General Tish James, Bally’s purchased Catholic all-girls Preston High School that was headed for closure for $8.5 million. Adams has vowed not to publicly criticize Trump, whose Department of Justice earlier this year dropped criminal charges against the mayor that had included wire fraud and bribery. Fowler, the mayoral spokesperson, said there was no connection between that private agreement and Adams’ support for the project moving forward. The mayor provided a message of support on Wednesday, that lowered the threshold for passage of the home rule resolution from 34 votes, or two-thirds of the Council, to a bare majority of 26 votes. Bally’s accepted deposits from 1,500 investors starting in December, but wound up refunding them in February because the SEC had yet to approve of the IPO, the Chicago Sun Times reported.
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The external walls are nearly completed and work is expanding on the internal walls of the hotel, convention area, and restaurants. The casino floor has preinstallation areas laid out for the gaming equipment. Caesars official say the $750 million casino resort under construction in Danville is on-schedule for completion late this year. The deadline is December 31, 2024 per an agreement with the city. Construction of Caesars Virginia is on pace to open this December, according to Danville city manager Ken Larking.