Trial testimony reveals gambling giant Bally's paid $60 million to take over Trump's NYC golf course

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Donald Trump Jr. has testified that gaming giant Bally’s paid $60 million to buy the right to operate a public golf course in New York City from his father's company

Former President Donald Trump's son and co-defendant, Donald Trump Jr., appears during the Trump Organization’s civil fraud trial, Thursday, Nov. 2, 2023, at New York Supreme Court in New York. NEW YORK — — Gaming giant Bally's paid $60 million to buy the right to operate a public golf course in New York City from Donald Trump's company, the former president's namesake son testified Thursday.

Trump Jr. said the sales price was $60 million, but the Trump Organization had incurred “a lot of costs” over the years, so he wasn't sure of the net profit. The former president and other defendants, including his elder sons, Executive Vice Presidents Donald Jr. and Eric, deny wrongdoing. “The Trump Organization is Financially Strong, Powerful, Very Liquid, AND HAS DONE NOTHING WRONG,” Trump wrote.

 

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