The Trump Organization's sale of its public golf course in New York City to Bally's was laden with meaning, marked by Bally's removal of Trump's signage as a bold statement. However, beyond the symbolism lies a significant financial obligation; Bally's is required to pay $115 million to the Trump Organization if they secure a casino license, in addition to the $60 million already paid. This relationship hints at deeper ties, despite Bally's attempts to distance itself from Trump's controversial legacy during an ongoing casino licensing process overseen by New York State officials.
When Bally's acquired the New York City golf course from the Trump Organization, the immediate removal of Trump signage signified a symbolic split from Trump's influence in the city, though financial ties persist.
Despite Bally's public assertion of independence from the Trump Organization, they are bound by a $115 million payment clause dependent on winning a casino license, revealing underlying financial entanglements.
Collection
[
|
...
]