GoLocalProv | Bally’s Wins One of NYC’s Casino Licenses
Tuesday, December 02, 2025
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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