According to the NY Post the NY Mets owners Fred Wilpon and Saul Katz are seriously considering building a ‘Las Vegas’ style casino right next to CitiField to recoup money lost from the Bernie Madoff Ponzi scheme they were victims of.
The Mets development company Sterling Equities are bidding for a proposal to construct a 1.8 million square foot casino/hotel right next to where the Mets call home.
The owners have gotten the Shinnecock Indian Nation to sign on to operate the casino and have offered $100 million for the land needed to build on. Their plans were first submitted in 2011, while the Wilpons were still reeling from their billions lost from Madoff, and were forced to take a loan from MLB to keep the team afloat.
Since then the loan has been paid off and the plans to continue to pursuit is back on. The proposal is still waiting approval, despite some outcry from the city opposing it.
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