Steve Cohen Citi Field Casino
What is the Steve Cohen Citi Field Casino?
The Steve Cohen Citi Field Casino is a proposed casino resort development in New York City. The casino would be located in the Willets Point neighborhood of Queens, adjacent to Citi Field, the home of the New York Mets. The project is being developed by the New York Mets ownership group, which is led by billionaire hedge fund manager Steve Cohen.
History of the Steve Cohen Citi Field Casino
The idea of a casino in Willets Point dates back to the early 2000s. In 2003, the New York City Council approved a plan to redevelop the area into a mixed-use development that would include a casino. However, the project was never built, and the land remained vacant for many years.
In 2017, the New York Mets ownership group purchased the land in Willets Point. The group immediately began planning a new casino resort development for the site. The project was approved by the New York State Gaming Commission in 2019, and construction is expected to begin in 2023.
Features of the Steve Cohen Citi Field Casino
The Steve Cohen Citi Field Casino will be a large-scale casino resort development. The casino will feature over 5,000 slot machines and table games, as well as a variety of other amenities, including a hotel, a spa, a theater, and a variety of restaurants and bars. The casino is expected to generate over $1 billion in annual revenue for New York City.
Benefits of the Steve Cohen Citi Field Casino
The Steve Cohen Citi Field Casino is expected to have a number of benefits for New York City. The casino will create thousands of jobs, and it is expected to generate billions of dollars in tax revenue for the city. The casino will also help to revitalize the Willets Point neighborhood, which has been a blighted area for many years.
Opponents of the Steve Cohen Citi Field Casino
There are some opponents of the Steve Cohen Citi Field Casino. Some people believe that casinos are a form of gambling addiction, and they worry that the casino will lead to increased crime and social problems in New York City. Others believe that the casino will take away business from existing casinos in Atlantic City, New Jersey.
Conclusion
The Steve Cohen Citi Field Casino is a controversial project that has both supporters and opponents. The casino is expected to have a significant impact on New York City, and it will be interesting to see how the project ultimately plays out.
Related keywords:
- Citi Field casino
- Steve Cohen
- New York Mets
- Willets Point
- Casino development
- Gambling addiction
- Atlantic City
- New York City
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