JOURNAL ARTICLE

Mets Owner Steve Cohen Moves Closer to Winning $8 Billion Casino Bid.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Nahmias, Laura 3 of 3

Abstract

The article focuses on the progress of New York Mets owner Steve Cohen's proposal to build an $8 billion casino complex, named Metropolitan Park, adjacent to Citi Field in Queens. A community-advisory panel has unanimously approved the bid, allowing it to move forward for consideration by the New York Gaming Facility Location Board, which will award licenses for new casinos in the area. The project, which Cohen is partnering on with Hard Rock International, aims to create over 17,000 construction jobs and 6,000 permanent positions, along with affordable housing units and various community amenities. Cohen's efforts to gain local support have included extensive community outreach and significant financial contributions to local institutions and political campaigns. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:188348315
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.