Bronx

Bally's Corporation has completed the acquisition of a Bronx property from the New York City Government for approximately USD 156.6 million, paving the way for a proposed casino development. The land, previously operated as a golf course under a lease linked to Donald Trump, was transferred following state-level approval of select gaming projects in December. The transaction marks a critical milestone in Bally’s expansion strategy in New York, positioning the company to compete in one of the nation’s most lucrative regulated gaming markets.

Strategic Land Acquisition in the Bronx

Bally’s Corporation has formally responded to recent amendments issued by the Casino Advisory Committee (CAC) concerning its $4 billion casino project in the Bronx. The amendments, aimed at refining regulatory compliance, urban planning, and community engagement, require strategic adjustments to Bally’s proposal. The response underscores the company’s commitment to aligning with regulatory expectations while advancing one of the largest gaming and entertainment developments in New York City.