The competition for casino licenses in New York State has entered a critical phase, with the Coney Island casino project in Brooklyn facing significant challenges. As three casino proposals in Manhattan have been successively rejected, the Coney Island project has become the next focus, but its prospects for approval seem bleak.
Current Status of New York Casino License Competition
The competition for casino licenses in the downstate area of New York is fiercely ongoing. Previously, three Manhattan casino proposals—Caesars Times Square, Avenir, and Liberty Square—were all rejected by the Community Advisory Committee (CAC), with voting results all being 2 to 4. These proposals caused little controversy during the review process but failed to gain sufficient support.
Overview of the Coney Island Project
The Coney Island casino project, proposed by Thor Equities and its partners, plans a $3.4 billion investment to transform Coney Island into a year-round tourist destination. The project plans to build a multifunctional complex including a casino, hotel, and entertainment venues, aiming to redevelop the existing seasonal tourism features.
Committee Members' Positions and Voting Situation
Brooklyn Borough President Antonio Reynoso and State Senator Jessica Scarcella-Spanton, as members of the Coney Island Community Advisory Committee, have both publicly stated they will vote against the project. Reynoso pointed out that the project "failed to prove itself as a public resource," not responding to community needs and historical heritage. Another committee member, Marissa Solomon, has also long opposed the proposal.
Public Hearing and Community Reaction
The public hearing on the Coney Island project was exceptionally intense, with residents expressing sharp opposition. The hearing was noisy and chaotic, even requiring police intervention. This strong community opposition makes it difficult for the project to be approved, as the CAC needs to vote based on the level of public support.
Voting Procedure and Schedule
The deadline for the Community Advisory Committee's vote is September 30, but a formal vote has not yet been scheduled. According to regulations, the project needs the approval of four out of six committee members to pass. Currently, three members are known to hold opposing positions, making the project's prospects for approval dim.
Progress of Other Competing Projects
Meanwhile, two other "racetrack casino" proposals—MGM Empire City and Resorts World New York—are set to vote on Thursday. These two projects are seen as the most promising competitors, due to their advantages in market entry speed, tax contribution capabilities, and stable community relations. Resorts World plans to open in July 2026, a year ahead of MGM's forecast.
Project Impact and Future Developments
If the Coney Island project is rejected, it means that an investment plan of over $3 billion will not be implemented. Supporters of the project warn that if a full casino license cannot be obtained, existing facilities may be forced to close, as they cannot compete with nearby competitors holding commercial licenses.
