Time isn't on the side of Bally’s in its plan to develop 17 acres at Trump Golf Links in the Bronx into a casino hotel.
The Rhode Island-based regional casino operator and the Trump Organization, the business entity controlled by former President Donald Trump’s family, agree that Trump will shift 17 acres of land to Bally’s control. However, the New York City Parks Department is reportedly dragging its heels on the license transfer.
That process takes roughly 40 days, putting Bally’s up against a time crunch. That’s because companies bidding for the three New York City-area casino licenses must submit those proposals to state regulators in six weeks. There’s also another element of time representing a hurdle for Bally’s.
The Rhode Island-based regional casino operator and the Trump Organization, the business entity controlled by former President Donald Trump’s family, agree that Trump will shift 17 acres of land to Bally’s control. However, the New York City Parks Department is reportedly dragging its heels on the license transfer.
That process takes roughly 40 days, putting Bally’s up against a time crunch. That’s because companies bidding for the three New York City-area casino licenses must submit those proposals to state regulators in six weeks. There’s also another element of time representing a hurdle for Bally’s.