$8 Billion Metropolitan Park Casino Proposal Gains Momentum in Queens License Competition

A proposed $8 billion casino resort, Metropolitan Park, in Flushing, Queens, is emerging as a frontrunner in the competition for one of New York’s highly sought-after gaming licenses, potentially reshaping the state’s gaming landscape and offering a significant economic boost.

The project has secured unanimous support from the Community Advisory Committee and gained a significant advantage after MGM unexpectedly withdrew its competing Empire City proposal. This leaves Metropolitan Park vying with Resorts World and Bally’s for the single Queens license. Developers have emphasized a commitment to community engagement, investing $1.75 billion in local infrastructure improvements, including 25 acres of new park space and renovations to the 7 subway line stop. The project is projected to create 42,100 jobs, with full-time casino employees earning an average of $140,000 annually.

Financial projections estimate that Metropolitan Park could generate $33.5 billion in tax revenue over a 30-year license period, with $850 million anticipated in taxes by 2031 alone. The proposal adheres to the standard state tax structure of 25% on slot machine revenue and 10% on other gaming revenue, a more conservative approach than Resorts World’s more aggressive strategy. Governor Kathy Hochul dismissed calls for an investigation into MGM’s withdrawal, stating it was likely a business decision, according to reporting from the New York Times. For more information on New York’s gaming regulations, visit the New York State Gaming Commission.

Developers are prepared to begin construction immediately upon receiving the license, with a target start date of January 2026 if approved by December 1st, 2025. The project’s “shovel-ready” status underscores the developers’ eagerness to deliver on their promises and revitalize the Flushing area. Officials stated they will await the Gaming Facility Location Board’s decision in the coming weeks.