Originally Published 2 months ago — by MGM Resorts
MGM Resorts International withdrew its application for a commercial casino license in Yonkers, New York, citing changes in the competitive landscape and licensing terms that no longer align with their investment expectations, despite their ongoing commitment to the property and local community.
Steve Cohen's $8 billion Metropolitan Park casino project received community approval, moving it closer to final licensing in New York, despite competition and community concerns about gambling impacts.
The $8 billion Citi Field casino proposal in Queens, backed by Mets owner Steve Cohen, has passed a key local vote and moved closer to approval, despite mixed community reactions and ongoing protests. The project aims to create a large entertainment complex and thousands of jobs, but faces opposition over concerns about displacement and community impact. It is one of eight proposals competing for three licenses in the region, with final decisions expected in December.