Yankees and Mets owners competing for coveted NYC casino license

Owners of the Yankees and Mets are competing in a brand new form of subway collection.

But this one is not over bragging rights — the winner may wind up with one of many metropolis’s coveted casino licenses.

Legends, a agency partially owned and co-founded by the Yankees, is a part of a consortium proposing a casino in Brooklyn’s well-known Coney Island, together with developer Thor Equities, Saratoga Casino Holdings and The Chickasaw Nation.

The Yankees personal about 25% of Legends, a supply stated. Another quarter is owned by Dallas Cowboys proprietor Jerry Jones.

Legends’ different ventures embody operating 1 World Trade Observatory, the Circle Line, the Intrepid Museum and Major League Baseball shops.

The Bronx Bombers’ leisure group’s curiosity in southern Brooklyn’s Coney Island may increase some eyebrows.

Coney Island is the house of cross-town rival Mets’ minor league crew the Brooklyn Cyclones, and the borough was residence of the fabled Brooklyn Dodgers earlier than the crew moved to Los Angeles.

Legends, partly owned by the Yankees, is vying for one of many unique licenses.
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Meanwhile, Mets proprietor Steve Cohen isn’t standing idly by.

He has for months been angling to safe one of many three downstate business casino licenses to be awarded subsequent to Citi Field. He believes a plan to open a 25,000 seat soccer stadium in Willets Point helps his trigger, sources beforehand informed The Post.

Cohen has been in discussions with potential casino companions, together with Hard Rock and Sands Hotel and Casino.

“The Legends persons are concerned within the leisure portion of the proposal, which is being put collectively. I imagine there will likely be a proposal and will probably be a profitable proposal. I believe Coney Island is the very best location within the 5 boroughs of the City of New York for a casino,” stated James Featherstonhaugh, a longtime Albany lobbyist and a principal in Saratoga Casino, which is a part of the consortium.

He believes a plan to open a 25,000 seat soccer stadium in Willets Point helps his causes.
Mets proprietor Steve Cohen has been angling for one among three business casino licenses.
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The Yankees declined remark, referring inquiries to Legends Hospitality Group.

Legends president Bill Rhoda, in an announcement launched Tuesday, stated, “Legends is proud to work with Thor Equities and our gaming companions Saratoga Casino and The Chickasaw Nation to supply our operational and experiential experience to carry the preeminent resort casino in New York to Coney Island.”

“This unbelievable resort will likely be a world class leisure vacation spot, with gaming, a wide range of eating places and leisure for locals and vacationers year-round.”

Thor Equities founder and CEO Joe Sitt stated a casino will assist “to reclaim Coney Island’s legacy” and flip it right into a “a vibrant year-round vacation spot for all to take pleasure in.”

Melissa Gliatta, chief working officer for Thor Equities, stated she loved the competitors.

These partners include Hard Rock and Sands Hotel and Casino.
Cohen has been in discussions with potential casino companions.

“We’re by no means afraid of a combat. We’re scrappy. We imagine in Coney Island,” stated Gilatta, noting that Thor has lengthy been “dedicated to Brooklyn.”

“Yes, you may put one thing in Manhattan, however does it want one thing else? Coney Island wants this mission. You actually make a distinction. You get the possibility to inform that Coney Island story.”

Cohen, the Mets’ billionaire proprietor and hedge fund honcho, has donated funds to help Mayor Eric Adams and Gov. Kathy Hochul and his lobbying crew have cultivated ties with Queens elected officers to advance their pursuits.

Meanwhile, billionaire mogul John Catsimitidis — who has developed rental residences on Ocean Drive in Coney Island, stated the realm can be nice for a casino, if town and state get crime underneath management.

He stated the Coney Island bid – and different bids for casinos – will likely be jeopardized if the Albany pols do not repair the state bail legal guidelines.

“You must be sure that Albany fixes the bail regulation and New York City is safer and be sure to take the violent repeat clients off the streets. I believe it could possibly be an obstacle to our metropolis general,” Catsimatidis stated.

“I believe the legal guidelines have to ensure New York City guests and residents are secure.”

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