Proposal for Casino Opening on Coney Island Gains Increasing Support
A new addition to the Thor Equities team is former Southern Brooklyn council member Domenic Recchia, who will serve as an advocate and consultant for the project. During his tenure, Recchia expressed a long-standing desire to build an entertainment center or hotel in the area. In 2009, he played a crucial role in changing the zoning regulations, transforming the area into a "year-round destination for attractions, entertainment, and hotels."
In a recent interview, Recchia stated, "We have the opportunity to revitalize Coney Island. It has always been my dream, my vision as a council member, to make Coney Island a year-round vacation spot: it needed a hotel, it needed attractions."
According to Recchia, the Thor Equities team prioritizes neighborhood safety, youth development, and job opportunities in their proposal. They plan to potentially partner with the New York City Police Department and the Department of Education.
On August 14, Thor Equities announced that it had gathered over 10,000 signatures on a petition in support of the casino. Project partner Michael DeLoach noted that 98% of the signatures came from residents of Southern Brooklyn. "We believe this is a significant victory for the neighborhood and for Brooklyn. We are grateful for the voice of every resident... There are opponents, but we wanted to be able to counter that by demonstrating substantial support from the people who live and work in this area," DeLoach remarked.
Another former politician, Robert Cornegy, has also joined the project.
Meanwhile, the popular game Ruyi Baccarat is set to launch in land-based casinos across North America.
Blog
Explore more interesting news
Amigo Gaming has announced a new partnership with Elantil, a company renowned for its flexible, modern, and operator-focused approach. As part of the agreement, the ...
The Brazilian Senate's Economic Affairs Committee (CAE) has approved a bill to gradually increase the gross gaming revenue (GGR) tax for casino operators from 12% ...
Pragmatic Play has announced a new partnership with Loterías Torito, aimed at strengthening the provider's position in the regulated Peruvian iGaming market. This agreement will ...
Lotte Tour Development Co. Ltd, the owner of the South Korean casino Jeju Dream Tower, has released its financial results for November 2025. During this ...
Genting Malaysia's revenues significantly exceeded forecasts for the third quarter of 2025. The group's total revenue rose by 22% year-on-year, reaching $813 million (63.6 billion ...
A user of the online casino DraftKings in Michigan has set a new record for the American gambling industry by winning the largest jackpot in ...
Content provider for online casinos, Amigo Gaming, is continuing its expansion in Latin America. The company has announced an extension of its strategic partnership with ...
The regulated sectors of online betting and land-based gambling have played a crucial role in the significant increase in Brazil's tax revenues in October and ...
Finland is steadily moving towards the licensing of its iGaming sector. Today, the country's authorities published two draft technical documents that will form part of ...
BGaming, a prominent game developer, has been honored with the prestigious SiGMA Central Europe Award for "Best Casino Game of 2025" for its viral hit, ...
The iGaming industry in Ontario set record results in October 2025, achieving its highest figures since the launch of the regulated market in 2022. According ...
Booming Gaming has announced a partnership with online casino operator Placard, marking the supplier's debut in Portugal's regulated iGaming market and strengthening its presence in ...
