Mets Owner Steve Cohen’s $8 Billion Casino Proposal Clears First Hurdle

Mets Owner Steve Cohen’s $8 Billion Casino Proposal Clears First Hurdle

Roulette wheel (AP Photo/Sue Ogrocki)

Mets owner Steve Cohen’s vision of an $8 billion casino and entertainment complex next to Citi Field in Queens took a step forward this week. A community advisory panel has voted to allow the bid to move ahead for consideration of a state-issued gaming license.

The proposed project would transform the area around the ballpark into a year-round destination with dining, entertainment, and casino gambling. Supporters say it could bring jobs and tax revenue to Queens, while critics warn of increased traffic and the social costs of expanded gambling.

The plan must still clear several layers of state review, including a competitive licensing process for downstate casinos.