Casino gaming could be coming to New York City as three projects received gambling licenses from the state – with President Trump being an unlikely beneficiary from one of these new operations.
The Associated Press reports the one of the proposed casinos will be built at the Ferry Point golf course in the Bronx. Bally’s Corporation acquired the operating rights to the city-owned golf course in 2023 from the Trump Organization, and that deal included Trump’s company receiving a $115 million bonus if Bally’s secured a gambling license for the site.
In addition to the Ferry Point site, the state’s Gaming Commission also granted licenses to New York Mets owner Steve Cohen to build a Hard Rock casino and mixed-used development next to his team’s home venue at Citi Field in Queens, while Resorts World received a license to expand its existing slots parlor at Aqueduct Race Track in Queens into a full-blown casino resort.
The Gaming Commission estimated the new casinos could generate $7 billion in gambling revenues for the state from 2027 to 2036, plus $1.5 billion in licensing fees and nearly $6 billion in related local taxes. The plans include public safety investments and upgrades to public transit and roadways.
