By Jess Marquez Fri, May 16, 2025
Metropolitan Park rezoning bill moves forward, Bally’s resumes construction in Chicago, Las Vegas casino proposal gets thumbs down and more.
Rezoning Bill for Cohen’s Metropolitan Park Clears Assembly
The New York State Assembly May 13 voted 138-7 to approve a rezoning bill for Mets owner Steve Cohen’s $8 billion Metropolitan Park bid, the latest step forward for the casino-related project. Currently, the 50 acres of asphalt parking lot around the stadium are zoned as parkland, so Cohen would need to clear all zoning-related hurdles in order for his bid to be considered. The project will not move forward without the casino component.
While clearing the Assembly was a key step, the real showdown is yet to come in the state Senate. State Senator John Liu introduced the rezoning legislation in that chamber earlier this year, despite stiff opposition from Senator Jessica Ramos, whose district includes much of the proposed development.
Ramos and Liu have had a public back-and-forth about their disagreement with the project, but Ramos has already acknowledged that her opposition might not be enough to block the legislation and ultimately the project, if it is selected for one of three available downstate licenses later this year.
Bally’s Cleared to Resume Construction on Chicago Casino
The Illinois Gaming Board May 15 lifted its work stoppage order for Bally’s permanent Chicago casino, exactly two weeks after it was first issued. Reporters from the Chicago Sun-Times had notified the board that dumpsters from D&P Construction were photographed at the site. D&P was an unapproved contractor that was also connected to organized crime and had been the subject of a previous casino scandal in Rosemont.
While work can resume, the board said the matter is still under investigation and it is unclear if Bally’s will face additional penalties in the future. The company faces a tight deadline to finish the casino by September 2026.
“Today the Illinois Gaming Board (IGB) lifted its May 1, 2025, Stop Work Order on construction of the permanent Bally’s Chicago Casino project,” the board said in a statement. “The IGB issued the Stop Work Order in connection with undisclosed vendors performing work on the project. Presently, no vendors are working on the casino construction project without IGB approval. Bally’s addressed the disclosure failures. It has disclosed, and assured the ongoing disclosure of, all proposed vendors to the IGB.”
“We appreciate IGB’s collaboration and support throughout this process and look forward to delivering this project to Chicago,” Bally’s said in a statement.
Planning Commission Votes Against Proposed Las Vegas Casino
The Las Vegas Planning Commission May 13 voted not to recommend approval for a casino and housing project in the city’s Historic Westside, per the Las Vegas Review-Journal. The Las Vegas City Council will now make a final ruling June 18.
First proposed in 2023, the “Jackson Hotel and Harlem Nights Casino” and “Westside Residence” buildings would be located near F Street and Jackson Avenue. The residence building would include 336 housing units and the resort would include a 207-room hotel, a theater, spa, nightclub, dining options and retail stores in addition to a casino.
According to the Review-Journal, the commission hearing became heated when developer Shlomo Meiri said he wanted to pull the proposal after commissioners indicated that they would not support it. However, Meiri and his team eventually agreed to move forward anyway and try their luck with the city council.
Multiple hurdles still need to be cleared in addition to the city council vote, including approvals required from both the Federal Aviation Administration and the city’s fire department. The city would also need to waive the current seven-story zoning height limit for the project.
Zoning Bill Changes in TX Draw Criticism
Two bills introduced this session in Texas would raise the threshold for contesting zoning changes, making it easier in theory to develop a future casino. However, the Senate version included an amendment to retain the current lower threshold but the House did not, and several supporters of that bill are linked to donations from a group connected to Las Vegas Sands, according to a report from KERA News.
Currently, the threshold to protest a rezoning is 20 percent of property owners within 200 feet of the proposed rezoning site, and then three-quarters majority vote from the corresponding city council. The new bills, if passed without the Senate amendment, would raise that threshold covering property owners to 60 percent, making it harder to protest a change.
Earlier this year, LVS attempted to rezone the site of the former Texas Stadium in Irving to a mixed-use development centered around a casino resort. But rising public opposition led the company to withdraw the casino element from the application, and it will be at least 2027 until casinos could be legalized in the state after this session.
Soloviev CEO Hints at Potential Investment Program for NY Bid
In an interview with News 12, Soloviev Group CEO Michael Hershman endorsed an idea for a public offering of up to 12 percent of the equity for Soloviev’s bid with Mohegan Gaming for a multibillion-dollar casino project in Manhattan’s East Side.
“It’s for New Yorkers, so we thought why not give New Yorkers an actual piece of the action,” he told the outlet. “We want them to be like we are — owners!”
A similar program is being rolled out by Bally’s for its Chicago casino project, although the company’s first attempt was passed over by the Securities and Exchange Commission. Soloviev is the first New York bidder to announce such a program, although all have community benefit components. Bids are due by June 27, with three licenses to be awarded by the end of the year.
Springfield Officials Vote in Support of MGM Union
On May 12, the Springfield City Council in Massachusetts passed a resolution urging management from MGM Springfield to come to the bargaining table and agree to a deal with about 250 employees who voted to unionize last March, according to MassLive.
The group of employees attempting to unionize includes table game dealers, attendants and more, creating Local 301 of New England Joint Board UNITE HERE. Notably, the casino also employs about 500 other union members, but so far has ignored calls to negotiate with the new group. A complaint has been filed with the National Labor Relations Board and a hearing is set for August.
There have also been rumors that the casino could potentially be sold, and MGM CEO Bill Hornbuckle said on the company’s recent first-quarter earnings call that that is an “ongoing discussion.”
Opposition to Long Island Casino Remains After Sands’ Departure
Last month, Las Vegas Sands announced it was dropping out of contention for one of three downstate New York casino licenses. The company had proposed a casino resort complex at the site of the Nassau Coliseum on Long Island, but indicated that it was in talks with third parties to offload the bid.
When Sands was still in contention, the project faced heavy opposition, and that opposition has continued despite the company’s exit. Next week, the county legislature is expected to release its final environmental impact study.
“I am asking all residents, who are able, to attend the session … and join us in opposing its passage,” Garden City Mayor Edward Finneran told Patch. He later added that opposition will continue “ no matter what party attempts to move a casino project forward.”
FTC ‘Junk Fee’ Pricing Rule Takes Effect
The Federal Trade Commission’s new Rule on Unfair or Deceptive Fees took effect May 12, which requires full disclosure of all fees for purchases such as hotel and flight bookings. Resort fees, which were one of the kinds of “junk fees” targeted by the Biden administration, are not prohibited under the new rule, but it enforces the pricing transparency.
“Businesses must disclose fees or charges for mandatory ancillary goods or services in the total price,” the FTC said on its website. “Fees or charges are mandatory if they relate to a good or service that is necessary to make the underlying good or service fit for its intended purpose; or a required purchase when people buy the underlying good or service.”
Hospitality groups have argued that all fees are disclosed before purchase, deeming the rule change as unnecessary.
“Our members already clearly and prominently disclose resort fees during the transaction to help guests make informed decisions,” Virginia Valentine, president and CEO of the Nevada Resort Association, told the Las Vegas Review-Journal. “We believe this requirement will level the playing field across the lodging and travel industry.”
Penny Parayo Named GM of Live! Petersburg
The Cordish Companies announced that Penny Parayo, currently senior vice president of property operations at Live! Casino & Hotel in Hanover, Maryland, will be the senior vice president and general manager of Live! Casino Virginia in Petersburg, set to open with a temporary facility by the end of the year.
Parayo has spent 30 years in the gaming industry, much of it with Cordish. She was vice president of slot and beverage operations for the Maryland resort for five years before becoming VP of property operations in 2018. As Petersburg’s general manager, Parayo will oversee development and opening of the casino and will be responsible for daily operations once it is open.
The temporary Live! Casino Virginia will be housed in a 75,000-square-foot prefabricated building while construction of the permanent Live! Casino & Hotel Virginia is completed around it. The temporary casino will have 900 slot machines and 33 game tables, a casino bar and quick service restaurant, and 1,000 parking spaces.
The permanent $1.4 billion casino-hotel resort, to be located adjacent to Interstate 95 in southern Petersburg, is slated to open in 2027.