
Steve Cohen and Major Operators Secure Final Approval for NYC Casinos
Steve Cohen has received approval to proceed with his casino project in New York City, marking a significant development in the city's gambling industry.
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Steve Cohen has received approval to proceed with his casino project in New York City, marking a significant development in the city's gambling industry.

Steve Cohen's plan to build an $8 billion casino called Metropolitan Park next to Citi Field in Queens has moved closer to approval after a community advisory panel unanimously supported the bid, which now awaits state licensing. The project aims to create thousands of jobs, include affordable housing, and boost local development, with Cohen leveraging extensive community outreach and lobbying efforts. This marks a significant step in Cohen's diversification from hedge funds to casino ownership, following mixed success with his sports team and past legal issues.