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In this article BALY Follow your favorite stocks CREATE FREE ACCOUNTAn exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty ImagesAs the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. Standard General owns about 23% of Bally's stock, it said last month. An exterior view shows the Tropicana Las Vegas on March 29, 2024, in Las Vegas, Nevada. Bally's market cap stands at little more than half a billion dollars.
Persons: David Becker, Soo Kim, Kim, it's, Dan Fetters, Edward King, Fetters, King, Bally's, It's, George Rose, Chris Grove, Jim Murren, Jess Golden Organizations: Tropicana, Getty, Bally's, Standard, Growth Capital, Las, Trump, Tahoe, Chicago, Major League Baseball's Athletics, Leisure Properties, New, Acies, MGM Resorts International, CNBC Locations: Las Vegas , Nevada, Las Vegas, New York City, Stateline , Nevada, Seminole, Florida, Nevada, Oakland, Vegas
In addition to the $355 million penalty — payback of what the judge deemed “ill-gotten gains” from his spurious financial statements — Trump is required to pay interest on that amount. James’ office calculates that, to date, Trump owes an additional $98.6 million in interest, bringing his total penalty to $453.5 million. Trump used $170 million of the $375 million to pay off a loan on the property. — $60 million, plus interest, from selling the rights to manage a New York City golf course in June 2023. Trump testified that regardless of what his financial statements said, banks did their own due diligence and would’ve qualified him for the loans anyway.
Persons: Donald Trump, , , Arthur Engoron, Letitia James, who’s, Trump, who's, Friday's, what's, Engoron, James ’, Allen Weisselberg, Jeffrey McConney, — Trump, Eric, Donald Trump Jr, Donald Jr, untethered, ” Trump, Christopher Kise, would’ve, James, Engoron’s, Barbara Jones, Michael Cohen, Cohen, , Forbes, Trump “, ” Engoron, Michael Cohen's Organizations: Republican, Trump, Trump Organization, longtime Trump Organization, TRUMP, New, Deutsche, Trump International Hotel, Waldorf, Bally's Corporation, Trump Organization finance, Division, Democrat Locations: New York, New, Manhattan, Lago, Florida, Miami, Chicago, Washington, New York City, Engoron’s, York, Trump
NYC officials rebranded an 18-hole public golf course formerly managed by the Trump Organization. Last year, the Trump Organization sold the operating rights to Bally's Corporation for $60 million. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In September, the Trump Organization sold the operating rights to Bally's for $60 million. AdvertisementThe former president changed his legal residence from New York City to Palm Beach, Florida, in 2019.
Persons: , Donald Trump, Eric Adams, Bill de Blasio, Donald Trump Jr Organizations: Trump Organization, Trump, Bally, Bally's Corporation, Service, Bally Links Locations: York, New York City, Bronx, Whitestone, New York, Palm Beach , Florida
Sandi Croft and her husband own tiny homes, teepees, and a wagon that they rent out on Airbnb. Croft enjoys offering these unique living experiences on the Sandy Valley Ranch in Nevada. We now mange six Airbnbs on Sandy Valley Ranch in Nevada. He loved doing that, so he told me he wanted to build a tiny house. After building that second tiny house on HGTV, we put it on Airbnb.
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