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Irving officials recommend rezoning land for proposed resort and casino after hours of heated debate with residents

Thor Equities, a real estate investment firm, is partnering with Saratoga Casino Holdings and the Chickasaw Nation to build a casino in Coney Island. Bally’s plans to develop a 500,000-square-foot gaming hall on the Bronx site, along with a 500-room hotel with a spa and meeting space, retail shops, a 2,000-seat event center, and two parking garages with capacity for up to 4,660 vehicles. The development would be spread across 16.75 acres on the public golf course at the park. Related Companies, a New York City real estate giant, and Wynn Resorts are looking to build a casino from the ground up in an undeveloped area of Hudson Yards, located on the Far West Side of Manhattan. Rolled out last June, the plan also includes $250 million in community reinvestment to support businesses and groups in Midtown and nearby Hell’s Kitchen. The Times Square plan involves redeveloping 1515 Broadway, an office skyscraper in the heart of Times Square by West 44th Street that has an existing Broadway theater located on the ground floor.

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The vast majority of neighbors at the meeting were against any kind of resort and casino, and they made their voices heard. Public comments stretched into the early hours of Tuesday morning, with some residents voicing strong objections and others supporting the economic potential of the project. Despite the discussion, any recommendation made Monday night will still require approval from the Irving City Council on Thursday.

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“This could potentially allow us to begin design and development on the non-destination resort uses.” But the project has received strong pushback in recent weeks from people concerned about crime, the development’s quick timeline, and its connection to Las Vegas Sands Corp., which has lobbied to legalize gambling in Texas for years. Mohegan Sun has two hotel towers with more than 1,500 guest rooms and suites, perfect for relaxing between trips to their casinos.

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The applicants must also meet all environmental and zoning requirements before the Gaming Facility Location Board reviews their plans. It is anticipated a final decision on the three licenses will come at the end of 2025. Yeet users will be able to deposit funds across multiple Ethereum-compatible chains, Bitcoin, and Solana. The council had a work session about the project in February and the planning and zoning commission discussed it earlier this month before voting on the rezoning Tuesday morning. The first and only town hall about the project was held Friday, less than a week before council would meet to finalize the rezoning.

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As for competing with big name crypto casinos like Stake, Shuffle, and Rollbit, co-founder Ben Lamb expects the brand’s deeply native crypto roots and culture to help the upstart pull market share. However, lifelong Irving resident Deborah Malain joined the majority in opposition who were not convinced the rezoning needed to be done while casino gaming was still illegal. “We can actually consider beginning to conceptualize this site with a placeholder for a future destination resort,” Boekenheide said.

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The property would also include boutique shops, two luxury hotels, a live entertainment venue, a conference center, and open space, in addition to a casino taking up less than 10% of the footprint. Still, The Coney project has had a difficult time winning over local residents. In January, local Community Board 13 recommended denial of the application, with residents skeptical that Thor Equities would come through with its promises of $200 million in community investment. The Midtown East proposal, which would also involve the construction of a new development, is led by real estate billionaire Stefan Soloviev and the Mohegan Tribe. It calls for a 1,200-room hotel, about 1,300 apartments, and an underground casino—all to go up just south of the United Nations headquarters.