NEW YORK | Bally's Bronx Casino

[towerpower123]

It looks interesting but it will do absolutely nothing to benefit local businesses with its placement deep inside a golf course and it only has a curbside bus. Many people will drive here and not trust that the bus will run when they leave at night, unlike the 24/7 subway

[NYguy]

This proposal only survived because of Eric Adams’ intervention, and there were only three proposals to grant the 3 licenses. At this point, it is what it is. People will drive from Westchester, Ct, NJ, Queens, and even Long Island. It’s the casino that will feel least connected to the masses, unless they can figure something out. Even having the ferry stop moved to the casino side of the park would help.

[NYguy]

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[NYguy]

https://www.dailymail.co.uk/news/article-15389501/new-york-city-three-casinos-approved.html

Bally's Bronx, which will be built on top of Donald Trump's former golf course, is slated to open in 2030. According to the plans, it will contain over 500,000 square feet of gaming space, making it significantly larger than Vegas' Bellagio and Caesar's Palace combined.

[mrnyc]

its slick -- i like the bridge, hope that stays, and all the solar.

[NYguy]

https://nypost.com/2026/01/08/us-news/mt...in-1-5b-in-from-winning-nyc-casino-bids/

MTA hits jackpot, raking in $1.5B in license fees from winning NYC casino bidders


By Carl Campanile
Jan. 8, 2026

The MTA has hit the $1.5 billion jackpot, thanks to the state collecting massive fees dedicated to mass transit from each from three bidders awarded casino licenses.

Each of the three winning bidders are required to pony up a $500 million upfront license fee for the privilege to operate a casino.

Under state law, the money is redirected to the Metropolitan Transportation Authority to fund the operations of its subway and buses and commuter rail lines.

Mets owner Steve Cohen, in tandem with gaming partner Hard Rock, have delivered the $500 million fee to operate a “Metropolitan Park” casino complex near the team’s ballpark in Willets Point, Queens.

Bally’s also cut a $500 million check for the right to build a casino at the former Trump golf course Ferry Point, in The Bronx.

The combined $1 billion has already landed in MTA coffers, the state Gaming Commission said.

“It’s the largest MetroCard swipe in history,” quipped Bally’s chairman Soo Kim.

Then he corrected himself, noting that the MetroCard has been replaced by the OMNY smart card.

Resorts World, which operates the slots parlor at Aqueduct and won a license to offer live table games, is in the process of delivering another $500 million earmarked for the MTA’s operating budget, bringing the total haul to $1.5 billion.

”Hard Rock Metropolitan Park and Bally’s Bronx have each remitted $500 million for their respective license, which have been transferred to the MTA,” said Gaming Commission spokesman Brad Maione.

“Resorts World New York City is in the process of completing paperwork necessary to make their remittance and committed to making such payment by the statutory deadline of January 15, 2026,” he said.

Transit riders are hitting the jackpot thanks to the historic funding Governor Hochul secured to rescue the MTA from its post-pandemic fiscal cliff. With these investments, millions of riders have better service, record levels of safety, and faster commutes,” a Hochul spokesperson said.

The MTA Financial Plan already assumes license and gaming tax revenues of $500 million in both 2026 and 2027, $600 million in 2028 and $200 million in 2029.

[NYguy]

https://www.stocktitan.net/news/BALY/bal...ounced-credit-facility-kti9dexie9u5.html

Bally’s Corporation Enters Into Previously Announced Credit Facility and Completes Previously Announced Twin River Lincoln Sale Leaseback


02/11/2026

Bally’s Corporation announced today that it entered into a new term loan credit facility due 2031, providing it with $1.1 billion of funded term loans (the “Term Loans”). The Term Loans are provided by Ares Management Credit funds, as well as King Street Capital Management and TPG Credit.

Separately, the Company completed its previously announced sale and leaseback of the real estate assets of its Twin River Lincoln Casino Resort (the “Lincoln Sale Leaseback”), pursuant to an agreement with GLP Capital, L.P. (“GLP”), a subsidiary of Gaming and Leisure Properties, Inc. The Lincoln Sale Leaseback provided the Company with total consideration of $700 million, before transaction expenses and provisions for taxes. Initial cash rent for the Twin River Lincoln property is $56 million per annum, with customary annual escalators.

The proceeds from the Term Loans will be used for general corporate purposes, including, but not limited to, the development of Bally’s Bronx and Bally’s Chicago.

[patriotizzy]

Design looks more office oriented, rather than a casino. The bridge is the coolest bit, but otherwise it's rather underwhelming.

[NYguy]

https://therealdeal.com/new-york/2026/02/27/ballys-buys-site-for-bronx-casino-from-the-city/

Bally’s buys site for Bronx casino from the city
Gaming operator pays $157M to support 3M sf complex development


Holden Walter-Warner
Feb 27, 2026

Casino operator Bally’s is fully in control of its destiny when it comes to developing one of the trio of gaming facilities approved around New York City.

The company purchased the parkland for its planned casino and entertainment complex in the Bronx from the city for $156.6 million, the Commercial Observer reported. Spokespeople for the company and the city did not immediately comment on the transaction.

The parkland in question is at 450 Hutchinson Parkway in the Throggs Neck section of the borough. The 16-acre parcel is part of a wider 300-acre golf course, Golf Links at Ferry Point, which was formerly leased to Donald Trump.
Bally’s bought the Trump Organization out of its 20-year lease for the parkland back in 2023, though it’s unknown how much the deal cost.

The Bally’s casino would be built on parking lots and a practice green area. The project is set to include a 500,000-square-foot gaming facility, 500 hotel rooms and a 2,000-seat entertainment venue, all spread across 3 million square feet.

Notably, the $4 billion investment Bally’s is making at the site limits the length of the license term for the company. In its case, the gaming license is only for 15 years, shorter than the other casinos springing up in the region.

https://commercialobserver.com/2026/02/ballys-buys-trump-golf-course-bronx-casino/

Bally’s Pays $157M for City-Owned Land in the Bronx for Casino





By Mark Hallum
February 27, 2026

Bally’s has officially bought the land where it plans to build a Bronx casino after being one of three gambling projects approved by New York State in December.

[NYguy]

https://nypost.com/2026/03/02/real-estate/ballys-inches-closer-to-its-4b-bronx-casino/

Bally’s inches closer to its $4B Bronx casino after a $157M land deal for Trump’s former golf course





By Mary K. Jacob
March 2, 2026

Bally’s is rolling the dice on The Bronx after shelling out nearly $157 million for a slice of waterfront parkland where it plans to build a massive casino resort.

Property records show the Rhode Island-based gaming company paid about $156.6 million to the city for nearly 20 acres at Ferry Point Park near the base of the Whitestone Bridge, securing the key parcel for its proposed $4 billion Bally’s Bronx development.

The deal, which went into contract in November and closed Feb. 13, gives the company control of land currently used for the golf course clubhouse and parking areas, along with nearby roadways that will serve as the main approach to the future complex, Crains first reported.

The planned resort would feature a roughly 500,000-square-foot casino, a 500-room hotel and a 2,000-seat arena-style entertainment venue, all housed in a sweeping structure overlooking the East River beside the park’s existing 18-hole golf course.

Bally’s chairman Soo Kim has pledged that the project will also funnel more than $160 million into improvements for the surrounding 414-acre waterfront park and the Throggs Neck neighborhood, with early plans calling for new pathways, upgraded playgrounds and expanded landscaping.

The acquisition also formally transfers control of the golf course to Bally’s, which has operated the facility since 2024 under the name Bally’s Links.

Under the terms of the land deal, Bally’s must begin construction within about 18 months. The company is targeting a late-summer start, though the project still requires a zoning change before work can begin.

That land-use approval has already sparked political drama. Last year the City Council voted to block the rezoning needed for the casino project, but then-Mayor Eric Adams revived the proposal weeks later by vetoing the measure.

The Bronx proposal ultimately beat out a crowded field of competitors to become one of three projects selected by the New York State Gaming Commission for coveted downstate casino licenses. The other two proposals are both in Queens — the Metropolitan Park plan near Citi Field and an expansion of Resorts World near JFK Airport.

As part of a related agreement tied to the purchase, Bally’s also paid the city roughly $4.6 million for an easement that allows it to access sections of Ferry Point Park during construction and infrastructure upgrades.

[Busy Bee]

[NYguy]

https://cdcgaming.com/ballys-cfo-discusses-progress-as-stadium-site-chicago-and-new-york/

When it comes to New York City where Bally’s plans a $4 billion casino in the Bronx, Mircheva said the operator has made a payment for its gaming license and golf-course concession. Earlier this year, the Rhode Island-based operator paid $157 million for land that’s been used as a clubhouse and parking area for an existing golf course once owned by Donald Trump. Bally’s plans a 500,000 square-foot casino and 500-room hotel and arena for entertainment overlooking the East River.

“We’re working on the project with various permits and moving toward demolition of the clubhouse and getting monitoring in place,” Mircheva said. “Bally’s has already invested a substantial amount of equity and is actively securing the remaining financing for the $4 billion project.”

[mrnyc]

i didn’t even know they had extended the nyc ferry service past classon point park in the bx to ferry point park. i imagine they will move it around to the casino side eventually.

btw i used to ride the ferry from classon point back to wall street for fun occassionally after work and the views are just magnificent. its out of the way for most, but totally worth it if you can do it. its by far the best of the ferry ride routes for views (although the rockaway route is great too, but always crowdy).