Yankees and Mets owners competing for coveted NYC casino license

Owners of the Yankees and Mets are competing in a new kind of subway series.

But this one isn’t over bragging rights — the winner could wind up with one of the city’s coveted casino licenses.

Legends, a firm partly owned and co-founded by the Yankees, is part of a consortium proposing a casino in Brooklyn’s famous Coney Island, along with developer Thor Equities, Saratoga Casino Holdings and The Chickasaw Nation.

The Yankees own about 25% of Legends, a source said. Another quarter is owned by Dallas Cowboys owner Jerry Jones.

Legends’ other ventures includes running 1 World Trade Observatory, the Circle Line, the Intrepid Museum and Major League Baseball stores.

The Bronx Bombers’ entertainment group’s interest in southern Brooklyn’s Coney Island could raise some eyebrows.

Coney Island is the home of cross-town rival Mets’ minor league team the Brooklyn Cyclones, and the borough was home of the fabled Brooklyn Dodgers before the team moved to Los Angeles.

The Yankees own about 25% of Legends.
Legends, partly owned by the Yankees, is vying for one of the exclusive licenses.
Getty Images

Meanwhile, Mets owner Steve Cohen is not standing idly by.

He has for months been angling to secure one of the three downstate commercial casino licenses to be awarded next to Citi Field. He believes a plan to open a 25,000 seat soccer stadium in Willets Point helps his causes, sources previously told The Post.

Cohen has been in discussions with potential casino partners,  including Hard Rock and Sands Hotel and Casino.

“The Legends people are involved in the entertainment portion of the proposal, which is being put together. I believe there will be a proposal and it will be a winning proposal. I think Coney Island is the best location in the five boroughs of the City of New York for a casino,” said James Featherstonhaugh, a longtime Albany lobbyist and a principal in Saratoga Casino, which is part of the consortium.

He believes a plan to open a 25,000 seat soccer stadium in Willets Point helps his causes.
Mets owner Steve Cohen has been angling for one of three commercial casino licenses.
Getty Images

The Yankees declined comment, referring questions to Legends Hospitality Group.

Legends president Bill Rhoda, in a statement released Tuesday, said, “Legends is proud to work with Thor Equities and our gaming partners Saratoga Casino and The Chickasaw Nation to provide our operational and experiential expertise to bring the preeminent resort casino in New York to Coney Island.”

“This incredible resort will be a world class entertainment destination, with gaming, a variety of restaurants and entertainment for locals and tourists year-round.”

Thor Equities founder and CEO Joe Sitt said a casino will help “to reclaim Coney Island’s legacy” and turn it into a “a vibrant year-round destination for all to enjoy.”

Melissa Gliatta, chief operating officer for Thor Equities, said she relished the competition.

These partners include Hard Rock and Sands Hotel and Casino.
Cohen has been in discussions with potential casino partners.

“We’re never afraid of a fight. We’re scrappy. We believe in Coney Island,” said Gilatta, noting that Thor has long been “committed to Brooklyn.”

“Yes, you can put something in Manhattan, but does it need something else? Coney Island needs this project. You really make a difference. You get the chance to tell that Coney Island story.”

Cohen, the Mets’ billionaire owner and hedge fund honcho, has donated funds to aid Mayor Eric Adams and Gov. Kathy Hochul and his lobbying team has cultivated ties with Queens elected officials to advance his interests.

Meanwhile, billionaire mogul John Catsimitidis — who has developed rental apartments on Ocean Drive in Coney Island, said the area would be great for a casino, if the city and state get crime under control.

He said the Coney Island bid – and other bids for casinos – will be jeopardized if the Albany pols don’t fix the state bail laws.

“You need to make sure that Albany fixes the bail law and New York City is safer and make sure you take the violent repeat customers off the streets. I think it could be an impediment to our city overall,” Catsimatidis said.

“I think the laws have to guarantee New York City visitors and residents are safe.”

You May Also Like

Snowless NYC breaks 50-year record

New York City’s been given the cold shoulder. Forgoing the White Christmas,…

Yankees, Gleyber Torres reach deal to avoid arbitration

Gleyber Torres and the Yankees have settled on a contract for this…

Tom Verlaine, guitarist and founder of punk bank Television, dies at 73

Tom Verlaine, a guitarist and co-founder of the seminal proto-punk band Television,…

Lindsay Clancy’s husband pleads for people to forgive her for killing their children

The husband of Massachusetts mom Lindsay Clancy — who is accused of…

Iranian state TV says defense factory hit in drone attack

Drones attacked an Iranian defense factory in the central city of Isfahan…

Arrests in Atlanta ‘Cop City’ protests raise concerns over domestic terrorism charges

The decision by prosecutors to pursue domestic terrorism charges against opponents of…

Career mentoring now works both ways

Five generations are now working side by side in today’s job market,…

Eagles must deal with Brock Purdy, the ultimate underdog

PHILADELPHIA — They love their underdogs here. The Rocky statue stands proudly…

Two-year-old boy is shot in the FACE and man dies after gunman opened fire on a car in Baltimore

Two-year-old boy is shot in the FACE and man dies after gunman…

Fire displaces more than 100 residents from Miami Gardens apartment building

Former Miami fire chief on building collapse Former Miami-Dade Fire Chief Dave…

Jason Whitlock Pens Moving Rebuttal of CNN, Others Calling Beating Death of Tyre Nichols 'Racist'

The opinions expressed by contributors are their own and do not necessarily…

Former tennis star Gigi Fernández is now a pickleball pro

TAMPA, Fla. (WFLA) — Gigi Fernández was a fixture on the tennis…