/** * dev demo deploy */ //dev demo or none if (!defined('TD_DEPLOY_MODE')) { define("TD_DEPLOY_MODE", 'deploy'); }

Coney Island Casino Pitch Dubbed ‘The Coney’

Must read

Blackjack Geschichte

Keno Ziehung Quoten

Online Casino Umsonst

Casino Spiel Würfel

[ad_1]

Posted on: March 3, 2023, 02:45h. 

Last updated on: March 3, 2023, 03:01h.

The Coney Island casino proposal from New York real estate giant Thor Equities in a consortium that includes Saratoga Casino Holdings, the Chickasaw Nation, and Legends Hospitality has a name — “The Coney.”

Coney Island casino New York gambling
A rendering of the proposed $3 billion casino called “The Coney” in New York’s Coney Island. The undertaking will need to outbid several other prominent casino resort blueprints targeting Manhattan, Queens, Bronx, and Long Island. (Image: Thor Equities)

Thor officials revealed the project’s name through a press release that additionally disclosed renderings of the integrated resort.

The proposal seeks to place a casino and resort near the famed Coney Island Boardwalk and iconic 150-foot-tall Wonder Wheel.

Thor executives have secured a roughly five-acre plot at Surf Ave. and W. 12th St. If the project receives one of the three downstate casino licenses from New York’s Gaming Facility Location Board, Thor says the company, along with its development partners, will invest $3 billion to transform Coney Island into a gaming destination that would help revitalize the town that’s seen better days.

Coney Comeback

Should The Coney prevail in what’s expected to be a highly competitive bidding war for the coveted downstate concessions, the casino would be within walking distance of Coney Island’s marquee attractions. Along with the Wonder Wheel, Coney Island is best known for its Cyclone wooden roller coaster, Luna Park amusements, and Nathan’s Famous Hot Dogs stand.

The Coney will help revitalize Coney Island, bringing year-round jobs and world-class entertainment to Brooklyn and New York City,” said project spokesman Eric Koch. “The project’s revitalizing power will help drive a Coney Island comeback for a community that has lagged behind Brooklyn and the rest of New York City in several areas, including a higher poverty rate, unemployment rate, and higher rates of New Yorkers without health insurance.”

Coney Island was a popular summer destination for New Yorkers during the early part of the 20th century, but visitation began declining following World War II. Crime subsequently increased, and the region fell into economic hardship starting in the 1960s.

Numerous revitalization efforts have been tried in the decades since, but Coney Island today isn’t considered a first-class vacation destination by most New Yorkers.

Thor, whose founder Joe Sitt is a Coney Island native, has for many years sought to help the Lower New York Bay community turn its fortunes around. In 2005, Sitt pitched a Las Vegas-style hotel and amusement park and spent more than $100 million purchasing land around the Boardwalk. That project, which Sitt planned to model after the Bellagio on the Las Vegas Strip, never came to fruition.

$500M Fee, $500M Minimum

If Thor Equities and its casino partners are awarded one of the downstate New York casino licenses, the group will need to pay $500 million for the gaming license. New York’s casino rules then require that the license holder invest a minimum of $500 million into the construction of the resort.

The downstate casino bids have been forming over the past several months.

On Long Island, Las Vegas Sands wants to spend as much as $5 billion to build an integrated casino resort at the Nassau Veterans Memorial Coliseum. In Queens, billionaire Steve Cohen has suggested building a casino resort with Hard Rock International at his Citi Field MLB ballpark that’s home to his New York Mets.

In the Bronx, the Bally’s Corporation and Trump Organization are developing a casino pitch near the latter’s Trump Golf Links at Ferry Point.

In Manhattan, hedge fund tycoon Stephen Ross is partnered with Wynn Resorts for a development at his Hudson Yards complex. A separate casino scheme targeting the East Side just south of the United Nations comes from billionaire Stefan Soloviev and Mohegan. Finally, Caesars Entertainment and SL Green, a leading New York real estate landlord, want to place a casino in Times Square.

Resorts World New York City in Queens near JFK Airport and Empire City Casino at Yonkers Raceway are heavy favorites for two of the three downstate licenses. Both racinos currently only offer video lottery terminals and electronic table games.

[ad_2]

Source link

More articles

Latest article

Blackjack Geschichte

Keno Ziehung Quoten

Online Casino Umsonst

Casino Spiel Würfel

Petani Asal Surakarta Beli Sebidang Tanah Baru Berkat Maxwin Mahjong Ways 875 Juta Dari Mawar500 Viral Di Indonesia Kisah Viral Petani Surakarta Sukses Beli Tanah Baru Usai Maxwin Mahjong Ways 875 Juta Di Platform Mawar500 Fakta Lengkap Petani Surakarta Raih Maxwin 875 Juta Mahjong Ways Dan Gunakan Untuk Beli Tanah Baru Mawar500 Heboh Petani Surakarta Maxwin Mahjong Ways 875 Juta Langsung Amankan Sebidang Tanah Lewat Untung Mawar500 Kronologi Petani Surakarta Dapat Maxwin 875 Juta Di Mahjong Ways Hingga Bisa Membeli Tanah Baru Mawar500 Dari Sawah Ke Akta Tanah Petani Surakarta Maxwin Mahjong Ways 875 Juta Dan Realisasikan Mimpi Lewat Mawar500 Trending Petani Surakarta Tutup Target Beli Tanah Setelah Maxwin 875 Juta Di Mahjong Ways Platform Mawar500 Petani Surakarta Beli Sebidang Tanah Baru Bermodal Maxwin Mahjong Ways 875 Juta Melalui Mawar500 Ulasan Viral Petani Surakarta Sabet Maxwin 875 Juta Mahjong Ways Dari Mawar500 Hingga Punya Tanah Baru Cerita Sukses Petani Surakarta Maxwin Mahjong Ways 875 Juta Bisa Wujudkan Pembelian Tanah Baru Via Mawar500 Bongkar Pola Gacor Koi800 Terbaru 2025 Rahasia Scatter Mudah Pecah Hingga Maxwin 689000000 Panduan Lengkap Menang Besar Di Situs Koi800 Trik Dan Pola Rahasia Yang Jarang Diketahui Tips Jitu Bongkar Pola Koi800 Hari Ini Cara Stabilkan Putaran Agar Dapat Maxwin 689000000 Trik Tersembunyi Pemain Profesional Koi800 Pola Rahasia Di Jam Gacor Malam Ini Cara Baru Bongkar Pola Koi800 Metode 689000000 Dijamin Scatter Beruntun Maxwin Cepat Update Terbaru 2025 Pola Maxwin Koi800 Bikin Pemain Auto Wd Tanpa Modal Besar Rahasia Pola Koi800 Terbaru Hari Ini Trik Profesional Menang Hingga 689000000 Bongkar Data Rtp Dan Pola Scatter Koi800 2025 Panduan Wajib Sebelum Bermain Pola Rahasia Koi800 Selalu Menang Di Pagi Hari Uji Sendiri Dan Rasakan Maxwin Trik Mengatur Modal Dan Pola Putaran Koi800 Strategi Cerdas Capai Maxwin 689000000 Anggi Dari Surakarta Bongkar Pola Ampuh Dapat Maxwin 65000000 Di Situs Kaisar800 Panduan Lengkap Anggi Dari Surakarta Ungkap Trik Maxwin Terbaru Di Situs Kaisar800 Trik Dan Pola Terbaru Anggi Dari Surakarta Bikin Heboh Setelah Raih 65000000 Di Kaisar800 Bongkar Rahasia Anggi Dari Surakarta Kenapa Bisa Maxwin Di Situs Kaisar800 Cara Anggi Dari Surakarta Menang Berturut Turut Dengan Pola Kaisar800 Terbaru Tips Jitu Dari Anggi Surakarta Agar Gampang Dapat Scatter Di Kaisar800 Pola Kaisar800 Yang Dipakai Anggi Surakarta Bikin Auto Maxwin Anggi Dari Surakarta Bagikan Panduan Rahasia 65000000 Di Situs Kaisar800 Trik Gila Anggi Surakarta Viral Karena Menang 65 Juta Dengan Pola Kaisar800 Panduan Bongkar Pola Kaisar800 Versi Anggi Dari Surakarta Yang Bikin Auto Menang Ibu Mirna Dari Aceh Batal Jual Rumah Setelah Menang Maxwin 870 Juta Modal 300 Ribu Di Situs Bensu4d Kisah Ibu Mirna Aceh Yang Hampir Jual Rumah Tapi Malah Raih Maxwin 870 Juta Di Bensu4d Viral Ibu Mirna Asal Aceh Dapat Maxwin 870 Juta Hanya Dengan Modal 300 Ribu Di Bensu4d Keajaiban Terjadi Ibu Mirna Aceh Menang 870 Juta Di Bensu4d Dan Batal Jual Rumah Kisah Inspiratif Ibu Mirna Dari Aceh Menang Maxwin 870 Juta Dengan Modal Kecil Di Bensu4d Heboh Ibu Mirna Aceh Nyaris Jual Rumah Tapi Jadi Sultan Usai Menang 870 Juta Di Bensu4d Ibu Mirna Bukti Nyata Keberuntungan Modal 300 Ribu Bisa Jadi 870 Juta Di Bensu4d Viral Di Aceh Ibu Mirna Menang Besar 870 Juta Lewat Bensu4d Tak Jadi Jual Rumah Cerita Ibu Mirna Dari Aceh Raih Maxwin 870 Juta Di Bensu4d Dengan Modal 300 Ribu Heboh Aceh Ibu Mirna Mendadak Kaya Usai Menang 870 Juta Di Bensu4d Hanya Modal 300 Ribu Roda4d Bocorkan Rahasia Pola Mahjong Ways Untuk Member Baru Segera Klaim Sebelum Dihapus Dari Server Eksklusif Roda4d Ungkap Pola Rahasia Mahjong Ways Dan Trik Scatter Terbaru Yang Bikin Pemain Auto Menang Heboh Di Komunitas Roda4d Bocorkan Trik Mahjong Ways Yang Selama Ini Disembunyikan Klaim Bonus Sekarang Roda4d Kepergok Rilis Pola Mahjong Ways Gacor Pemain Diminta Klaim Sebelum Dihapus Dari Sistem Terbongkar Inilah Cara Roda4d Baca Pola Mahjong Ways Dan Bantu Member Baru Dapatkan Scatter Cepat Pola Mahjong Ways Yang Viral Dari Roda4d Bikin Geger Member Baru Diminta Klaim Sebelum Hilang Viral Di Media Sosial Roda4d Rilis Trik Mahjong Ways Gacor Paling Akurat Cek Polanya Sekarang Member Baru Heboh Pola Mahjong Ways Dari Roda4d Disebut Paling Stabil Sepanjang Tahun Ini Trik Roda4d Bocor Ke Publik Begini Pola Mahjong Ways Yang Dulu Cuma Bisa Dipakai Member Vip Klaim Sekarang Roda4d Ungkap Pola Mahjong Ways Gacor Untuk Semua Member Baru Sebelum Terhapus