US EditionNew York's casino sweepstakes could put $115M in Donald Trump's pocket
- Bally's plans to build a $4 billion hotel-casino at Ferry Point Park, requiring state approval and alienation of public parkland.
- A bill was introduced to acquire land and ensure community involvement in the decision-making process for the project.
- Bally's development includes a 500,000-square-foot gaming hall, a 500-room hotel, a 2,000-seat event center, and parking garages.
- Bally's promised $625 million in community benefits, including funding for an NYPD substation and road improvements.
- Donald Trump could potentially receive a $115 million payment from Bally's if they secure a gaming license, creating a wildcard.
22 Articles
22 Articles
Donald Trump's childhood home in Queens sold for a $1.2 million loss. The former auctioneer says it was his most high-profile sale.
Donald Trump's childhood home in Queens, New York, sold for $1.2 million less than its previous sale.Drew Angerer/Getty Images; MANDEL NGAN/Getty ImagesTrump's childhood home in Queens recently sold for a $1.2 million loss.The home last sold for $2.1 million in 2017 but has fallen in disrepair.The CEO of the auction house that sold it in years past said it was his most-profiled sale.President Donald Trump is known for the art of the deal. Howeve…
Associated Press News
New York's casino sweepstakes could put $115M in Donald Trump's pocket
A high-stakes contest to decide who gets to build a casino in New York City could potentially result in a $115 million jackpot for President Donald Trump.
Trump could earn $115M in New York City's casino sweepstakes
A high-stakes contest to decide who gets to build a casino in New York City could potentially result in a $115 million jackpot for President Donald Trump. The Republican stands to win big if state officials award one of three available gaming licenses to Bally’s Corp., which wants to open a casino at a city-owned golf course that used to...
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