{"id":11225,"date":"2025-04-04T13:31:36","date_gmt":"2025-04-04T13:31:36","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=america&#038;p=11225"},"modified":"2025-04-04T13:31:36","modified_gmt":"2025-04-04T13:31:36","slug":"trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future\/","title":{"rendered":"Trump&#8217;s Big Gamble: $115 Million Jackpot on New York&#8217;s Casino Future"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">As New York eagerly awaits the announcement of its <strong>three downstate casino licensees<\/strong>, the stakes have never been higher. Among the key contenders for one of these coveted licenses is <strong>Bally&#8217;s Corporation<\/strong>, which, if successful, could end up paying <strong>Donald Trump<\/strong> a massive <strong>$115 million<\/strong> windfall.<\/p>\n\n\n\n<p class=\"line-height1 has-large-font-size wp-block-paragraph\">This lucrative deal is tied to Bally&#8217;s plan to open a casino at <strong>Ferry Point<\/strong>, a public golf course in the Bronx once managed by the Trump Organization.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"340\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png\" alt=\"\" class=\"wp-image-9725\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-300x102.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-768x261.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>The Deal Behind Trump&#8217;s Potential Payday<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"670\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future.jpg\" alt=\"\" class=\"wp-image-11228\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future.jpg 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future-300x201.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future-768x515.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Trump first acquired the rights to manage <strong>Ferry Point Golf Course<\/strong> back in 2012. However, in 2022, Bally\u2019s purchased the rights to operate the 18-hole course for <strong>$60 million<\/strong>. As part of a separate agreement, Bally\u2019s has committed to paying Trump an additional <strong>$115 million<\/strong> if they win the bid to open a casino at the site.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mundovideo.com.co\/en\/america\/companies-getting-crazy-and-push-for-casino-in-new-york-city\/\">Companies getting crazy and push for Casino in New York city<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This nonrefundable payment is described as a \u201cgaming event fee\u201d and could result in a significant financial boost for the former president. The agreement was disclosed as part of an ongoing legal case where Trump faces allegations of inflating the value of his assets.<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>The Competition for New York\u2019s First Full-Service Casino<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"637\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future2.jpg\" alt=\"\" class=\"wp-image-11227\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future2.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future2-300x187.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/trumps-big-gamble-115-million-jackpot-on-new-yorks-casino-future2-768x478.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">With <strong>at least 11 bidders<\/strong> vying for the chance to build what would be New York&#8217;s first full-service casino, the competition is fierce. This expansion is part of the state\u2019s broader effort to revitalize its economy by tapping into the booming gaming industry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For Trump, this deal represents a <strong>massive opportunity<\/strong>. As the bidding process unfolds, all eyes are on whether Bally\u2019s will secure one of the licenses and make Trump a major winner in this high-stakes game.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of a separate agreement, Bally\u2019s has committed to paying Trump an additional $115 million if they win the bid to open a casino at the site.<\/p>\n","protected":false},"author":1,"featured_media":11228,"menu_order":102,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[1458,57,2002,4792],"class_list":["post-11225","america","type-america","status-publish","format-standard","has-post-thumbnail","tag-america","tag-casinos","tag-newyork","tag-trump","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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