Trump Getting Back into Casino Business In New Way

Former US President Donald Trump is looking to get back into the casino business but this time as a landlord, the extravagant former president has agreed a deal with US casino operators Bally’s to lease 17 acres of land on his golf course in the Bronx.

In fact Donald Trump leases the land for the golf course off the city council parks department which covers 200 acres of a former land fill area.

Trump would not have his named at the casino or have it covered in any signage and would only be the landlord of the development Bally’s would build and it still has to be authorised for development and also passed for licensing approval to operate a casino in the Bronx.

However the Trump Golf Links at Ferry Point is in the zone that has been approved to to build three new casinos in downstate New York.

According to the original report on the deal Bally’s if successful in developing the area would eventually want to buyout Trump from the golf course and develop it in a green zone for residents.

Trumps golf empire that consists of 15 properties has lost over $300 million in two decades the New York Times is quoted as reporting.