Thor Equities proposes $100 minimum investment for Coney Island casino bid
Thor Equities proposed a community investment fund for its Coney Island casino bid in New York, according to executive vice-president Peter McEneaney. Contributions would start at $100 for the proposed $3.4bn project, one of eight bids competing for three licences. The Community Advisory Committee is due to vote by 30 September on whether to advance the application.
The proposal sets a community investment threshold while the casino application remains under review.