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On Tuesday, the City Council voted 41-2 in favor of zoning changes for the Metropolitan Park development, a sports and entertainment complex planned for 50 acres of parking lots around the Mets stadium. While the approval grants Cohen and his partners the ability to make zoning changes on the site, which sits on city parkland, the project still requires approval from several local and state officials. If VGW refuses to comply – joining the 11 other recalcitrant recipients of similar cease-and-desist letters issued by the Maryland Lottery – then whatever slim hope VGW had of preventing SB 860 from passing will likely evaporate. After all, what kind of message would that be sending to Maryland lawmakers if VGW refuses to comply with a regulator’s request? It’s a ‘no-lose’ situation for the Maryland Lottery – it either seals the deal on a legislative ban (if VGW refuses to comply) or forces VGW’s exit from the state (if it complies). “It will be interesting to watch how the sports betting market develops through the rest of the year,” she said.
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Other key elements of the plan include enhancements to public infrastructure and transportation, including expanding waterfront access, improving walkability and cycling access, and widening public transit options. Cohen’s proposal also needs to win one of the three downstate casino licenses soon to be awarded by the state’s Gaming Commission. New York Mets owner Steve Cohen’s $8 billion casino proposal near Citi Field cleared a major hurdle this week.
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- Bokunewicz noted contrasting currents for sports wagering, with revenues up 11% online and down 61% for in-person wagers.
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Petersburg Sheriff Vanessa Crawford said she was looking forward to “the educational opportunities, public safety and economic growth that the casino will present to this community.” “This has been a long time coming,” Allen, who now lives in Dinwiddie County, said. “It’s a blessing and awesome how it will promote other jobs and bring revenue to the city. I may seek employment and will frequent the attraction.” Attendees started arriving at the site at 8 a.m., hours before the groundbreaking ceremony began.
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