Bally’s could owe Trump $115m if New York awards it a casino licence
Bally’s would pay Donald Trump $115m under a side agreement if New York awards it a casino licence for a proposed Bronx project, according to the report. The state expects to award licences by the end of 2025, after applications due in late June are considered by community advisory committees and the state gaming board; the proposal may also require legislative approval to build on public parkland.
The payment is conditional on a licence award, and the proposed project faces community review and possible legislative approval.