Public Hearing Results in Split Opinion Over Coney Island Casino

Photo by Wikimedia Commons, CC by 2.0
Key Takeaways
- The project is seeking one of three casino licenses that will be made available
- Plans call for a complex that cover 1.3 million square feet
- The project cannot progress until it receives approval for a rezoning
The race to procure one of three New York casino licenses is intensifying in Coney Island.
A public hearing held by the city planning commission on Wednesday drew a large and mixed crowd with both supporters and critics. The former pointed to economic benefits as one reason to support the project, known as The Coney, while the latter expressed concerns over traffic and potential crime.
The project is one of numerous proposals that will go up for licensure later this year when New York Gov. Kathy Hochul makes the casino licenses available.
Pros and cons
The Coney Island casino proposal calls for a complex covering 1.3 million square feet. It would include a 353,000-square-foot gaming facility, a hotel, a convention center, retail space, a 20,000-square-foot food hall, more than 100,000 square feet of open rooftop space, and 1,500 parking spots.
Estimates suggest the project would create 4,500 union construction jobs and 4,000 permanent hospitality jobs.
“[Coney Island] is the birthplace of the great American amusement park, the original entertainment district,” said Dan Kaplan, a senior partner at FXCollaborative who led the meeting. “[The project is] rooted in the history and spirit of Coney Island…[It would turn it] into a vibrant year-round destination.”
The Coney is supported by real estate development firm Thor Equities. It is partnered with Saratoga Casino Holdings, a family-owned, New York-based casino and hotel operator, the Chickasaw Nation, and hospitality company Legends.
"We have heard time and time again that Coney Island needs a project that provides year-round economic support while also lifting up the infrastructure in one of the most densely traveled areas of the community," Saratoga CEO Sam Gerrity previously said in a statement.
A path forward
Brooklyn Community Board 13 in January voted against The Coney’s application, 24-11, as part of the city’s Uniform Land Use Review Procedure (ULURP), which has also been a sticking point for other casino applicants.
The Coney is one of four projects that must receive rezoning approval before their application can proceed. Another one headed by New York Mets owner Steve Cohen, known as Metropolitan Park, recently made a breakthrough as it received approval for a rezoning in Queens.
Other projects seeking rezoning approval are happening in Hudson Yards and the Bronx.
A Coney Island Planning Commission spokesperson said that voters would decide on The Coney in the next six weeks. Their vote would then be reviewed by the City Council, which can ultimately decide to greenlight or reject the project before sending it up the chain.
All casino applications are due to the New York Gaming Facility Location Board in June.
The three licenses are expected to be awarded before the year ends.
Grant is an industry news expert who covers legislative news, financial updates, and general industry trends. As a veteran of the gambling industry, Grant has experience in the world of casinos, sports betting, and iGaming. As a former long-distance runner, he knows a thing or two about persistence and consistently holding himself to a high standard.
Related News

Kalshi, Catalist Sports Reannounce Live-Streaming Partnership
Kalshi and Catalist Sports have reannounced their streaming deal with new language addressing regulatory requirements.

Google autocomplete could steer Dutch players to illegal casinos
Dutch affiliate group KVA has urged Google to address search suggestions that appear to promote casinos operating outside the regulated market.

Fraud specialist Ruth Evans appointed Gambling Commission chair
Stop Scams UK chair Ruth Evans will begin a five-year term leading Britain’s gambling regulator on 30 September.

bet365 Sportsbook Launches in Washington, D.C.
bet365 Sportsbook is now live in Washington, D.C., expanding the operator's U.S. presence to 19 markets.

NFL Warns Prediction Markets to Stop Offering 'Objectionable' Contracts
The NFL is urging prediction markets to remove contracts it says could threaten the integrity of its games.

Indiana Hollywood Casino Robber Sentenced to 52 Years in Prison
Security cameras captured footage of the incident, including Birdseye pointing his weapon at an employee’s chest from about one foot away.

Canadian Lottery Coalition Pushes Back on Prediction Markets
Canada's securities regulators cleared prediction markets on sports outcomes, but provincial lottery corporations say the guidance doesn't go far enough.

Games Global Enters Alberta's Regulated iGaming Market
Alberta becomes Games Global's second regulated Canadian market, following AGLC registration and years of operation in Ontario.

Sidemen Post Las Vegas Adventure as Gambling Content Booms
The video, which amassed over 3 million views in one day, shows the group completing a variety of challenges, including gambling $1,000 at a casino.

Nevada vs. Prediction Markets: NJ Takes Fight to SCOTUS
Nevada's gaming board calls prediction markets illegal gambling as New Jersey petitions the Supreme Court to resolve a growing legal battle.

Bally’s CFO Resigns As Chicago Casino, Financial Woes Pile
Bally’s said the decision was down to “personal reasons” and did not tie her departure to the company’s recent struggles.

Entain drops out of FTSE 100 following fall in market value
Entain will leave the FTSE 100 after six years as its falling valuation places the Ladbrokes and Coral owner among London’s mid-sized companies.

Paddy Power reviews 100 UK and Irish shops as 400 jobs face risk
Flutter is reviewing almost one-fifth of Paddy Power’s betting shops as higher taxes and operating costs place approximately 400 jobs at risk.

Dutch Lottery forces illegal casino Skyhills out of Netherlands
Skyhills became inaccessible in the Netherlands after Nederlandse Loterij targeted companies and directors linked to the casino.

Pennsylvania iGaming Player Wins $4.4 Million, Fourth-Largest Jackpot Ever
Progressive jackpots work by having players opt-in to the progressive pot, which is a pool built by other online players.

New Zealand Online Casino Licence Race Moves to Auction Stage
New Zealand’s online casino licensing process is moving into its next stage, with approved operators set to compete for the right to apply for one of up to 15 licences.

BetMGM Donates $320,000 to AGA’s Responsible Gaming Campaign
RGEM 2026 was designed to supply customers with the information they need to make informed and responsible decisions while avoiding problematic behaviors.

Fanatics Casino Launches in Ontario Without Sportsbook
Fanatics Casino has soft-launched in Ontario as the province's 50th iGaming operator, with sportsbook and Alberta entry planned for 2027.

NCA freezes £10m held by Premier League over reported Sorare payment
More than £10m held by the Premier League has been frozen while the NCA examines a payment reportedly made by crypto fantasy firm Sorare.

Daniel Smith lands two winners on return from five-year betting ban
Daniel Smith lands two winners on return from five-year betting ban

New York Dems Want Gov. Hochul to Nix “Excessive” 72% Casino Tax Rate
It already agreed to pay a high percentage of its revenue in taxes, although a state gaming body has argued that still isn’t enough.

Gambling Commission suspends BresBet and Bet St George licences
BresBet and Bet St George have had their UK licences suspended while the Gambling Commission investigates suspected compliance failings.

ANJ sets clearer standards for handling player fraud in France
ANJ has explained when French gambling operators may close accounts, reserve balances, cancel bets or redistribute fraudulent winnings.

Polymarket Pulls NFL Player Participation Contracts One Day After CFTC Filing
Polymarket has pulled its proposed NFL player participation prediction markets only a day after submitting them to the CFTC.

50 Operators Enter New Zealand's Casino Licence Race — What Happens Next
New Zealand's first online casino licensing process has drawn a striking show of interest, with 50 operators submitting expressions of interest for just 15 available licences. The EOI period closed on 15 August 2026, setting up a competitive evaluation process that will determine which platforms Kiwi players can legally use from 2027.

Encore Boston Casino Workers Vote to Authorize Labor Strike
The vote was held in advance of the Aug. 31 expiration of the workers’ contract with casino owner and operator Wynn Resorts.

New Jersey Casinos Earning Less Profit Despite Revenue Growth
Gross operating profit fell 15.5 percent to $269.6 million, reflecting the increasing impact of costs, fees, and relevant charges.

NFL Renews DraftKings, FanDuel Sports Betting Partnerships Following Fanatics Deal
DraftKings, FanDuel and Fanatics have signed multi-year deals as official NFL sports betting partners, with Fanatics also adding an online casino partnership.

Caesars Sets Sept. 22 Vote on Fertitta's $17.6B Buyout
Caesars shareholders will vote Sept. 22 on Tilman Fertitta's $17.6B all-cash buyout, which needs majority approval to proceed.

UKGC urged to investigate gambling firms linked to Reform figures
Labour has asked the UKGC to examine claims concerning Tether.bet and Fispay, but no regulatory breach or unlawful activity has been established.

MPs question Allwyn interim CEO appointment with Gambling Commission
MPs have asked the Gambling Commission to explain whether Phil Walker’s regulatory history was considered before his appointment to lead Allwyn UK.

UKGC study finds 13% believe peers use VPNs to access gambling
A UKGC study found 76% of 11- to 17-year-olds knew of VPNs, while 13% believed peers had used one to reach online gambling platforms.

GamCare reports 114,000 contacts ahead of levy transition
GamCare handled more than 114,000 contacts in 2025/26 as gambling harm services in Britain prepared for the new statutory levy funding system.

