Jeff Gural Says Citi Field Casino is Most Likely to Happen
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The New York State legislature fast-tracked the issuance of the three downstate full casino licenses. State real estate and gambling companies are eyeing possible locations. Jeff Gural predicts that New Yorkers Mets owner Steve Cohen's plan for a Citi Field casino is most likely to materialize.
Jeff Gural is confident that a casino license will not be issued to Manhattan. He predicts that there will be overwhelming opposition to a Manhattan casino. The owner of the New York Mets, Mr. Cohen, is the 99th richest man in the world with a net worth of over US$17 billion. He has started talks with Las Vegas Sands. Some developers are already considering a high-profile gaming property in Manhattan, including Saks Fifth Avenue.
Jeff Gural believes Citi field casino is most likely to happen. He believes two of the licenses are almost nailed on for MGM Resorts’ Empire City Casino in Yonkers and Genting Malaysia's Resort World New York City in Queens.
