Donald Trump stands to earn $115 million if Bally’s secures a casino license for the Bronx’s Ferry Point Park, where Trump once operated the golf course. The payout, labeled a nonrefundable “gaming event fee,” was part of Bally’s 2023 acquisition of operating rights for $60 million. The project requires a parkland alienation bill to proceed, and two local legislators recently pledged support. Bally’s plans a 500,000-square-foot casino, 500-room hotel, retail, spa, event center, and garages. Applications for three downstate licenses are due in June, though two are likely reserved for existing racinos, leaving just one up for grabs.
Donald Trump
