New York City rolls the dice on casino bids in 2024

Tuesday, January 2, 2024 8:50 PM
Photo:  SL Green (courtesy)
  • David Brand, Gothamist

New York City can get a brand new park in Corona, a new school in Midtown and much-needed affordable housing over by the U.N. building. All it takes is a few casino licenses.

Billionaires, real estate developers and the world’s biggest gaming companies are vying to open Las Vegas-style casinos in and around New York City, from Throgs Neck to Coney Island.

But the state’s gaming commission is only granting three licenses — and two are likely going to the local “racinos” in Yonkers and Ozone Park, where people already play the ponies and take their chances at the slots.

Mets owner Steve Cohen, the Related Companies, development firm Soloviev Group and other powerful parties are upping the ante, pushing their public relations chips to the middle of the table and pledging perks in exchange for a lucrative license.