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Coney Island Casino | $3.4B Proposal Rejected

Named "The Coney"
Chickasaw-operated casino

Nation | Tribe: Chickasaw Nation of Oklahoma

CONEY ISLAND CASINO PROPOSAL

Location on Surf Avenue, between Maimonides Park and Luna Park

The Chickasaw Nation of Oklahoma sought an ownership share and the operational role for a $3.4 billion casino proposal for Coney Island.

The Chickasaw partnered with Thor Equities, Saratoga Casino Hotel, and Legends Hospitality Group to propose a $3.4 billion casino complex next to the Coney Island amusement park. The group was one of eight remaiining applicants seeking a downstate gaming license.

The casino named "The Coney" would comprise 1.3 million square feet with a casino, 500-room hotel, restaurants, convention center, retail, event space, and 1,500-space parking.

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News Headlines

NewsNo Coney Casino | Chickasaw Proposal Rejected September 29, 2025 - The Coney casino proposed for Coney Island will never be. The plan by Thor Equities and the Chickasaw Nation of Oklahoma was officially rejected today by the Community Advisory Committee. ... Read more NewsThree Tribes Seek NYC Casino Licenses September 17, 2025 - The gaming and hospitality subsidiaries owned by the Chickasaw Nation of Oklahoma, the Mohegan Tribe of Connecticut, and the Seminole Tribe of Florida are seeking ... Read more News Chickasaw Nation Applies for New York City Casino September 6, 2025 - The Chickasaw Nation has partnered with Thor Equities and Saratoga Casino to develop a plan for a $3.4 billion casino complex next to Coney Island ... Read more NewsConey Island casino proposal hears strong support, opposition September 2, 2025 - The first of two public hearings for a proposed $3 billion casino and resort dubbed "The Coney" was held last week at the Coney Island YMCA ... Read more NewsChickasaw Nation bids on Coney Island casino July 14, 2025 - The Chickasaw Nation of Oklahoma is seeking an ownership share and the operational role for a $3.4 billion casino proposal for Coney Island. The casino named "The Coney" ... Read more

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The Coney Features

The Conney Size
The total size of The Coney was to be 1.3 million square feet with the following features:

     Casino - floor
Hotel - 500 rooms
Convention
Retail
Rooftop
Food Hall
Events
Parking - 1,500 spaces
         353,499 SF
248,874 SF
109,369 SF
54,636 SF
101,500 SF
20,358 SF
48,198 SF
475, 890 SF

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Chickasaw Nation
The Chickasaw Nation owns the largest casino in the world, the Winstar World Casino and Resort, located in Oklahoma on the Texas border. The tribe operates 23 casinos and is the 13th largest Native American tribe in the nation.

Applicants
New York State will issue three downstate casino licenses by the end of this year. The current number of qualified applicants seeking one of those licenses is down to eight.


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News Articles

No Coney Casino | Chickasaw Proposal Rejected

September 29, 2025

The Coney casino proposed for Coney Island died today when the Community Advisory Committee voted down the Cherokee plan for a casino license.

Four out of six votes needed to be "yes" for The Coney casino license application to proceed to the New York State Gaming Commission for final consideration. The committee's 4-2 "no" vote has permanently killed the proposal.

The committee's action is no surprise. Last Monday two-thirds of the members said they would vote against the project - Justin Brannan, Jessica Scarcella-Spanton, Marissa Solomon, and Antonio Reynoso. The other two members said nothing prior to the meeting.

The Coney proposal was a $3.4 billion casino complex with 1.6 million square feet. The plan included a massive gaming floor, 500-room hotel, restaurants, convention center, retail, event space, and 1,500-space parking. The operation was to be managed by the Chickasaw Nation.

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Chickasaw Nation Applies for New York City Casino

September 6, 2025

The Chickasaw Nation has partnered with Thor Equities and Saratoga Casino to develop a plan for a $3.4 billion casino complex next to the Coney Island amusement park.

The Chickasaw own and operate the largest casino in the world, the Winstar World Casino and Resort, located in Oklahoma. The Chickasaw would manage the operation of the Coney Island casino if approve for a state casino license.

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Developer shares plan for casino in Coney Island | Inside City Hall - Courtesy of Spectrum News, Sep 5, 2025. Available from YouTube

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Coney Island casino proposal hears strong support, opposition

September 2, 2025

The first of two public hearings for a proposed $3 billion casino and resort dubbed "The Coney" was held last week at the Coney Island YMCA. During the meeting there were very strong opinions voiced by local residents both in favor and in opposition of the plan.

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Brooklyn residents voice strong opinions at Coney Island casino proposal hearing - Courtesy of CBS New York, Aug 26, 2025. Available from YouTube

If the Coney Island Casino proposal is approved and licensed by the state, the casino will be managed and operated by the Chickasaw Nation of Oklahoma. The tribe is also a financial partner in the project and owns the WinStar World Casino in Oklahoma, the world's largest casino.

The Coney will be 1.3 million square feet casino, hotel and entertainment complex that will include a casino, 500-room hotel, a convention center, and a concert venue.

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Chickasaw Nation's First Bid on Coney Island Casino 2023

Mar 6, 2023

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Chickasaw Nation making bid to build casino at Coney Island - Courtesy of KOCO 5 News, Mar 6, 2023. Available from YouTube


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