Thor Equities, the development company behind the project, highlighted the benefits such a project would bring to local communities.
The company estimates its casino resort would bring approximately 4,000 jobs to the area along with other economic benefits. However, many locals have rallied against the project, concerned about the social costs inherent in a high-profile gambling venue. Such ongoing controversy may affect the planned casino’s chances of obtaining one of the limited New York licenses.
Thor Equities, known for its real estate ventures and urban development projects, is part of the consortium behind the planned Coney Island casino resort. The company has invested significant efforts in marketing, attempting to convince locals of the benefits such an establishment would bring to the area.
The company estimates its casino resort would bring approximately 4,000 jobs to the area along with other economic benefits. However, many locals have rallied against the project, concerned about the social costs inherent in a high-profile gambling venue. Such ongoing controversy may affect the planned casino’s chances of obtaining one of the limited New York licenses.
Thor Equities, known for its real estate ventures and urban development projects, is part of the consortium behind the planned Coney Island casino resort. The company has invested significant efforts in marketing, attempting to convince locals of the benefits such an establishment would bring to the area.