New York Yankees get in on Coney Island casino bid

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New York Yankees get in on Coney Island casino bid
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As they await free agent slugger Aaron Judge's decision on where to sign, the New York Yankees are rolling the dice on another possible big ticket acquisition — a license to run a casino on Coney Island.

Make your contribution now and help Gothamist thrive in 2022.The New York Yankees are among those rolling the dice on a potential Coney Island casino.

A group of investors on Tuesday laid out their plan to bid for a casino in the famed Brooklyn neighborhood, becoming the latest in a string of big-money interests eyeing one of New York state’s three remaining casino licenses. All are on track to be awarded in the New York City area next year. The investors include Saratoga Casino Holdings, which owns and operates a major racetrack casino north of Albany, and the Chickasaw Nation, a Native American tribe that operates a number of casinos across the country.where the facility would be located, and Legends — a company that was co-founded by affiliates of the Dallas Cowboys and New York Yankees, both of whom retain minority ownership stakes.

With Legends involved, both the Yankees and the New York Mets could go head to head in the hunt for a casino license. Mets owner Steve Cohen has beenat Willets Point, near the Mets’ home of Citi Field. “This incredible resort will be a world-class entertainment destination, with gaming, a variety of restaurants and entertainment for locals and tourists year-round,” Bill Rhoda, president of Legends Global Planning, said inTwo existing racetrack casinos — Resorts World New York City in Queens and Empire City Casino in Yonkers — are expected to bid, which would allow them to expand to allow table games and a sportsbook.

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