Gaming company Bally’s has purchased the rights to operate a public golf course in New York City from Donald Trump’s company for $60 million, according to testimony given by Donald Trump Jr. at a civil fraud trial. The details of the lease transfer for the former Trump Golf Links Ferry Point had not been disclosed previously. Trump Jr. stated that while the sales price was $60 million, he was unsure of the net profit due to the Trump Organization’s incurred costs over the years. The Trump Organization had managed the 18-hole course, which offers views of the Manhattan skyline, from 2015 until this year. It has now been renamed Bally’s Golf Links at Ferry Point. The lease sale came after the city attempted to disassociate the course from the former president following the January 6, 2021, attack on the U.S. Capitol. Former Mayor Bill de Blasio announced the termination of the contract with the Trump Organization, citing Trump’s alleged incitement of the rioters. However, a state judge ruled against this argument last year, allowing the Trump Organization to continue operating the course until 2035. The Bally’s deal was approved by the city comptroller and the parks department. Donald Trump Jr. is testifying in the trial of New York Attorney General Letitia James’ fraud lawsuit. The lawsuit accuses the former president, his company, and certain executives of inflating his net worth on financial statements to secure loans and make deals. Trump and the other defendants, including his sons Donald Jr. and Eric, deny any wrongdoing. The former president is scheduled to testify on Monday and has expressed his belief that the trial is rigged and a miscarriage of justice on his social media platform, Truth Social. He maintains that the Trump Organization is financially strong, powerful, and has done nothing wrong.
Bally’s Shockingly Paid $60 Million to Acquire Trump’s NYC Golf Course, Trial Testimony Exposes
