Tuesday, December 02, 2025
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IMAGE: Bally’s
Bally’s, headquartered in Providence and one of the state’s largest private employers, is one of the three companies that has been awarded a license to build a casino in New York City.
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The New York Gaming Facility Location Board awarded licenses to:
– New York Mets owner/hedge fund founder Steve Cohen, who won approval to open a casino near the baseball team’s stadium. Cohen’s group includes Hard Rock.
– Genting Group, a Malaysian company that owns Resorts World New York City at a racetrack in Queens, proposed spending $5.5 billion to expand a location focused on slots into a full-fledged casino.
– Bally’s casino bid is to open a casino at the location of President Trump’s former golf course at Ferry Point near the Whitestone Bridge — a move that would net the Trump Organization $115 million.
Bally’s Trump Connection
The Trump Organization once had a license to operate the Bronx golf course that it assigned to Bally’s for a $60 million fee in 2023.
As part of their agreement, Bally’s agreed to pay the Trump Organization an additional $115 million in the event that it won a gaming license there.
Now that Bally’s has won the award, it owes the Trumps $115 million.
GoLocal reached out to Bally’s spokesperson for the casino project — Lauren Westerfield — about the details of the deal between Bally’s and the Trumps.
She did not respond to a series of questions from GoLocal about the deal at the time of publication.
According to the Board’s approval:
Board Decision The Board unanimously selects Bally’s Corporation (“Bally’s”) to apply to the N.Y.S. Gaming Commission for a commercial casino gaming facility license.
Proposed Gaming Facility Bally’s project, Bally’s Bronx, is a proposed single-phase, integrated casino resort located at Bally’s Golf Links at Ferry Point in the Bronx, New York. The project represents a total capital investment of $2.3 billion and is projected to open by mid-2030.
Key components include:
● A casino featuring 3,500 slot machines, 210 table games, and 40 poker tables
● A 507-room hotel, approximately 22 percent of which will be suites
● Two parking garages with a combined 4,661 spaces
● A 2,000-seat event center
● A Jack Nicklaus-designed golf course and clubhouse
● Nightclub, spa, over ten food and beverage venues, and four retail shops
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