Thor Equities planning Coney Island bid for one of the downstate New York casino licenses

Thor Equities planning Coney Island bid for one of the downstate New York casino licenses

Article brief provided by Elite Sports NY
  • Robert Linnehan, Elite Sports NY
October 12, 2022 6:03 PM

Just a week after a board was formed to determine the location and siting of up to three downstate New York casinos, one real estate development firm is already making its intentions known.

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A source confirmed to ESNY that Thor Equities, a real estate development, leasing and management firm, will be submitting a “robust” bid to the New York casino siting board when it releases a request for applications for casino licenses in early 2023.

The three casino licenses, included in Gov. Kathy Hochul’s last state budget, will likely be awarded next year. The casinos can be located in the five boroughs, Long Island, and the Lower Hudson Valley.