Bally's Corporation Obtains $560 Million for Bronx Casino Resort Development

Bally's Corporation has secured $560 million in financing to fund pre-construction activities for its $4 billion casino resort project in the Bronx. This capital infusion is crucial for maintaining momentum as the company seeks further investment to complete the development, which is slated to open by 2030. The planned resort aims to be a major entertainment hub, featuring a casino, hotel, dining, and a convention center.