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Casino Bid

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business2 years ago

Bronx Golf Course Drops Trump Name in Casino Deal

Bally's Corporation, the sole bidder seeking to build a casino in the Bronx, has purchased the lease on the Trump Golf Links at Ferry Point, a public golf course operated by Donald J. Trump's company. The purchase is expected to help Bally's chances of winning a casino bid by removing the Trump name from the golf course. The deal, which is scheduled to close on Tuesday, involves Bally's paying at least tens of millions of dollars for the remainder of the lease, which expires in 2035. Bally's plans to change the name of the golf course to Bally's Links and is also considering investing in a shuttle bus to improve transportation to the site.