– Bally's Bets Big to Remove Trump Branding From NYC Golf Course
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Video Credit: NewYork Times
The Trump Organization has sold its contract to operate Trump Golf Links Ferry Point in the Bronx to Bally's casino company.
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The deal is worth tens of millions of dollars. The lease was originally set to run until 2035.
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The name "Trump" will be removed from the course and other branding. It will be renamed Bally's Links.
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Bally's hopes the location near the Whitestone Bridge will help it win one of the few new gaming licenses in New York City.
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Bally's plans to build a casino, hotel, and other facilities on part of the 180-acre property.
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The Trump Organization had a sweetheart deal from the city to operate the course since 2013.
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The city has been trying to cancel the contract since the Capitol riot in 2021. A judge ruled the termination was improper.
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Eric Trump said the deal with Bally's "was too good to refuse" though did not disclose the exact sale price.
Image: Google Images