New York City: Cohen, Soloviev to create most jobs in casino race, report says

Friday, September 19, 2025 1:49 PM
  • Myles Miller, Bloomberg

Two proposed casinos, one backed by Soloviev Group and Mohegan, and the other by hedge fund billionaire Steve Cohen, will deliver the most jobs and biggest economic impact to New York City, versus a raft of competing proposals, according to a report by Mayor Eric Adams’ office.

The 23-page report evaluates proposals from multiple operators across New York City’s five boroughs. It projects tens of thousands of jobs and billions of dollars in investment, while urging conditions such as enforceable local hiring commitments, oversight of community benefit funds and minority- and women-owned business participation.