A New York community advisory committee rejected Thor Equities’ Coney Island casino proposal by a 2-4 vote, preventing it from advancing to state consideration. The committee had approved the bidder’s amendments by 5-1 shortly before voting down the overall project.
The rejection removes Thor Equities’ proposal from the process for up to three downstate New York casino licences.
| Date | Company | Amount | Story | Appeal status |
|---|---|---|---|---|
| Resorts World | USD 5,500,000,000 | New York advisory committee backs Resorts World Queens casino plan | Not stated | |
| MGM Resorts, Genting | USD 5,500,000,000 | New York advisory committees advance Yonkers and Queens casino bids | Not stated | |
| Resorts World NYC | Not stated | Resorts World NYC wins unanimous local approval for casino bid | Not stated | |
| MGM | Not stated | MGM Empire City wins local approval for New York casino bid | Not stated | |
| MGM Resorts | USD 2,300,000,000 | MGM Yonkers applies for New York commercial casino licence | Not stated |
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Brooklyn Borough President Antonio Reynoso and state Senator Jessica Scarcella-Spanton said they would vote against The Coney casino proposal in New York. The community advisory committee had not scheduled its vote, due by 30 September; the project needs committee approval to advance for state consideration for one of three downstate licences.
DraftKings will not take over Las Vegas Sands’ Long Island casino bid, with negotiations between the companies reported to have ended. Sands has not identified a replacement gaming partner ahead of the 27 June deadline for New York City-area casino applications, while it continues seeking zoning changes for the Nassau Coliseum site.
New York Governor Kathy Hochul said she saw no reason to investigate MGM Resorts’ withdrawal from the downstate casino bidding. MGM attributed its decision to changed competitive and economic assumptions, including the proposed licence term being cut from 30 years to 15; The Trump Organization denied influencing the withdrawal.
MGM Empire City received unanimous 5–0 approval from its community advisory committee in New York, advancing to review by the Gaming Facility Location Board. The board must recommend awards by 1 December, and the state gaming commission is due to issue up to three commercial casino licences by 31 December.
Caesars Entertainment, SL Green Realty and Roc Nation revealed interior renderings for their proposed Times Square casino in New York. The developers put the project cost at $5.4 billion and forecast more than $7 billion in tax revenue over its first decade if approved; the proposal remains among eight bids for downstate casino licences.