Coney Island Casino plans receive approval and progress from New York City's Planning Commission.
Updated Article:
Title: New York City Council Could Greenlight Steve Cohen's Casino ProposalByline: Grant Mitchell (05/08/2025 01:14) Industry Photo by Wikimedia Commons, CC by 2.0
Essential Highlights:
- Approval from the NYC Council could move Cohen's proposal forward for a license application
- This proposed gaming facility would spill over 353,000 square feet of betting action
- Deadline for all casino license applications is fast approaching on June 27
Grant, a fitness fanatic and sports betting enthusiast, aspires to bring you the latest insider news from the sports betting world. After making a splash in the industry with top publications like Forbes and VSiN, Grant joined the ranks of the pros in 2021 [Sources: 1, 2].
All Reviews by Grant Mitchell – https://x.com/milemitchell
Related News:
In the hot seat: Steve Cohen's Citi Field Casino Proposal - Details: His proposal entails constructing a casino adjacent to Citi Field, part of a $8 billion "Metropolitan Park" project. The venture would reclaim about 50 acres, transforming them into a sprawling entertainment and gaming complex [Sources: 1, 2]. - Gaming Space: Size of the gaming space remains unknown. - Deadline for License Application: No deadline specified. Although the project is gaining traction with support from the NY State Assembly and City Council, it's yet to clear State Senate hurdles [Sources: 1, 2]. - Impact on Sports Betting: The casino proposal could shake up the gaming industry, including sports betting. However, the direct effect on sports betting isn't extensively covered in the search results.
Additional Notes:- New York aims to distribute three casino licenses this year. While several locations vie for licenses, none proposed by Grant are mentioned [Sources: 2, 5].- A separate bill intends to impose stringent regulations on sports betting in New York, including wagering limits and advertising restrictions. The outcome could affect the sports betting industry nationwide if passed [Source: 3]. However, this regulation doesn't directly concern the Citi Field casino proposal.
Learn more: Stay tuned for Grant's exclusive insights on the evolving sports betting landscape!
- Steve Cohen's proposed casino, part of the $8 billion "Metropolitan Park" project, would feature a significant gaming area of over 353,000 square feet, which could potentially include progressive jackpot games like blackjack and casino-games such as slots, comparable to what one might find in Las Vegas casinos or online casinos.
- With the fast-approaching deadline for casino license applications on June 27, the NYC Council's potential approval of Cohen's proposal could propel him into contention for one of the three casino licenses New York aims to distribute this year, possibly joining the casino-and-gambling culture unique to cities like Las Vegas.
- The successful implementation of Cohen's casino proposal could stimulate growth in various sectors of the gaming industry, including sports betting, making New York a formidable player in the sports betting world – a topic Grant Mitchell is well-versed in, given his experience with top publications like Forbes and VSiN.
- If Steve Cohen's casino proposition materializes, it could spark a progressive jackpot for tourism and contribute to the development of a thriving casino-culture in New York City, which may become a significant player in the global casino scene.
- With the prospect of new gaming facilities like Steve Cohen's casino bringing increased betting action to New York, it may not be long before the city's jackpot potential rivals that of renowned gambling destinations like Las Vegas.
