New York Gov. Denies Reports of Aiding Queens Casino Project

Governor Kathy Hochul tells reporters she has "no intention of putting this in my executive budget," after rumors she planned to introduce legislation in the 2025 state budget that would aid Steve Cohen's casino bid.

Brad Senkiw - News Editorat Covers.com
Brad Senkiw • News Editor
Oct 10, 2024 • 11:57 ET • 4 min read
Citi Field
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New York Gov. Kathy Hochul denied reports Thursday that she intended to introduce legislation in her executive budget that would in turn aid Steve Cohen's New York City casino licensing bid.

It was reported Wednesday by the New York Post that Cohen - the billionaire New York Mets owner and hedge fund mogul - picked up much-needed support from Hochul, who planned to introduce legislation in the next state budget that would strengthen Cohen’s Queens project.

Hochul shot those rumors down on Thursday.

“There are people, shady people, who will try to manipulate the (casino bidding) process to their benefit and be willing to put out lies. I have had no intention of putting this in my executive budget,” Hochul told reporters.

No local support

The lot at Mets’ Citi Field has been deemed a parkland and can only be altered by lawmakers. 

“Whether people rallied for or against Metropolitan Park, I heard the same dreams for Corona,” Ramos said in May. “We want investment and opportunity, we are desperate for green space, and recreation for the whole family. We disagree on the premise that we have to accept a casino in our backyard as the trade-off. I resent the conditions and the generations of neglect that have made many of us so desperate that we would be willing to settle.” 

Ramos told The Post this week that the governor intervening with legislation would be “unfortunate” and would break “an important precedent." 

A Cohen spokesperson told The Post that one person shouldn’t be able to stop or approve a project. 

“We have plenty of time and other avenues to get this done and feel confident given the overwhelming support from elected officials, unions, and the local community, that we have the best overall project,” the spokesperson said. “We are all in.”

Assemblyman J. Gary Pretlow (D-Mount Vernon), chairman of the Assembly’s Racing and Wagering Committee, told The Post he wouldn’t oppose governor legislation and wants to move forward with the Metropolitan Complex process.

Other benefactors

Cohen and partners Hard Rock are one of three investor groups hoping to land a coveted gaming license to bring a U.S. casino to New York City. The group wants to feature a hotel, music venue, restaurants, bars, a new park space, athletic fields, and parking garages in the Metropolitan Complex casino site.

Two licenses are expected to be awarded to racinos at Empire City in Yonkers and Aqueduct in Queens, although the latter reportedly faces issues in New York since the Genting-owned Resorts World is caught up in the gambling scandal involving an illegal bookmaker and Los Angeles Dodgers star Shohei Ohtani's former interpreter.

Bally’s and Wynn Resorts, two others battling for that casino licensing bid, have also faced neighborhood opposition to their plans.

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