Coney Island's £2.7 billion casino plan crushed by local opposition
A proposed £2.7 billion casino for Coney Island has been rejected by a local committee. The decision followed months of opposition from residents and officials. Only two members of the panel backed the plan before it was voted down. Thor Equities' £3.4 billion bid faced strong resistance from the start. Brooklyn Borough President Antonio Reynoso had already spoken against it, warning of lasting damage to the area. The Community Advisory Committee (CAC) ultimately rejected the project in a 4-2 vote on Monday.
Minutes before the decision, the committee approved a set of last-minute amendments to the proposal. These changes, however, failed to win over critics. Four casino projects have now been turned down at this stage, with only Metropolitan Park left to face a CAC vote.
Three other bids—Bally's Bronx, Resorts World, and MGM Empire City—have cleared local hurdles. They will now advance to the state's Gaming Facility Location Board for final licensing decisions by the end of the year. The Coney Island casino's rejection was widely expected due to persistent local opposition. With just one project remaining for review, the state will soon decide on the remaining contenders. The final licensing phase is set to conclude before 2025.
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