New York: Entertainment giants partner with local developer in bid to open a Coney Island casino

New York: Entertainment giants partner with local developer in bid to open a Coney Island casino

Article brief provided by Brooklyn Paper
  • Kirstyn Brendlen & Jada Camille, Brooklyn Paper
November 22, 2022 3:23 PM

The push to bring a casino to Coney Island is gaining steam as three organizations announced they have partnered with Thor Equities in their bid to bring a casino the People’s Playground.

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Saratoga Casino Holdings, the Chickasaw Nation, and Legends have joined Thor Equities bid for a “comprehensive casino, hotel, and entertainment proposal” in Coney Island as the state prepares to issue three new casino licenses in downstate New York. Development company Thor Equities — which is owned by Coney Island local and part-owner of the entertainment district, Joe Sitt — has been eyeing the licenses since last summer.

If their bid is accepted, the team said in a release Tuesday that Thor would develop the property, Saratoga Casino Holdings and the Chickasaw Nation would work together to run casino operations, and Legends would be the ‘development and entertainment partner.’