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Their actions today allow us to move forward to the next step of making this happen for NYC,” said Christopher Jewett, Bally’s senior vice president of corporate development. As part of the deal to acquire the golf course at Ferry Point in 2023, Bally’s agreed to provide the Trump Organization an additional $115 million if it wins a casino license. If approved, it would allow the golf course property, currently designated as state parkland, to be repurposed as a casino complex. The legal age in some areas of certain states can reach as low as 18 years old. There are cases of the legal gambling age residing at 18, 19, 20, or, most commonly, 21 years old.
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With three bids already withdrawn, several others are on the fringes. This includes a Coney Island bid from Thor Equities, which faces a council vote Thursday, and the Manhattan bids, which are trudging through environmental reviews. On paper, it would seem difficult for Bally’s to complete such a project even if a licence were to be awarded. The company is currently racing against the clock to construct its permanent Chicago casino by September 2026. That project, which costs significantly less ($1.7 billion), has seen multiple setbacks, including a recent work stoppage over unapproved contractors. A significant funding agreement was needed to finance the project.
