Caesars partners with SL Green for Times Square casino

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New York Post

Who'll win NYC's casino race? Gambling experts set odds

As New York's summer grinds on, the battle for three city casino-licenses heats up. Proposals - plus $1 million application fees - are due on August 31 and billions hang in the balance. Outside of two racinos - Resorts World New York City in Queens and Empire City in Yonkers - which already have profitable electronic gaming and are said to be…

Law ・ 22 June 2024

Silive

A casino in Times Square? Manhattan coalition and Broadway group certainly hope not

NEW YORK, N.Y. - A new alliance of Manhattan groups and associations, including The Broadway League and the many theatre owners and producers it represents, are aiming to stop Caesars Palace Times Square from rising. The "No Times Square Casino" Community Coalition, which unveiled its messaging and purpose Friday, says major traffic congestion, a…

Land-based ・ 20 April 2023

Gothamist

Broadway group doubles down on Times Square casino opposition

A group of Broadway theater owners and producers is leading an effort to lower the curtain on plans for a Times Square casino. The Broadway League, a theater industry trade group, is joining forces with local restaurant owners to block a bid for a new gambling hub nearby. The group, called the "No Times Square Casino" Community Coalition, says that…

Travel ・ 16 April 2023

AMNY

Rolling the dice: A closer look at the 10 contenders seeking lucrative New York casino licenses

This story was reported by Timothy Bolger, Ben Brachfeld, Jada Camille, Aidan Graham, Carlotta Mohamed, Dean Moses, Bill Parry, Aliya Schneider, Robbie Sequeira and Ethan Stark-Miller. It was edited by Christian Murray and Robert Pozarycki. New Yorkers are bearing witness to a World Series of Poker-style showdown featuring ten bids involving some…

Land-based ・ 09 March 2023

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City & State New York

How do you convince Manhattanites a casino will be good for their neighborhood?

Casino companies are used to having a house advantage. But in the bidding process for three downstate casino licenses, it's the local communities that those companies are hoping to call home that just might have the edge. Roughly a dozen casino companies and real estate developers are mulling or planning on bidding for one of three casino licenses…

Industry ・ 07 March 2023

Trip Pub

Las Vegas Sands eyes Nassau Coliseum site for new casino

There's a new entry in New York's high-stakes competition for one of three downstate casino licenses. Las Vegas Sands is looking to set up a multibillion-dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island. The gaming juggernaut is the latest entry into the fray, joining about half a dozen other firms since Albany said it…

Industry ・ 14 December 2023

WSHU

Las Vegas Sands pursues a downstate casino license at old Nassau Coliseum site

Las Vegas Sands, the resort company and casino, announced Thursday that it will pursue a license to operate an entertainment destination and casino on the property of the former Nassau County Coliseum in Uniondale. Sands Corp. is vying for one of from the New York State Gaming Commission, which applications opened for last week. Former Governor…

Law ・ 14 January 2023

Review Journal

Las Vegas Sands Corp. to build Long Island casino resort

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…

Land-based ・ 13 January 2023

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Yogonet

Sands joins downstate NY casino race with multi-billion dollar Long Island bid

Las Vegas Sands announced Thursday it will bid for a multi-billion dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island, New York. The company's move to pursue an opportunity in the Empire State follows a New York Gaming Facility Location Board vote earlier this month that opened up the application process for three downstate…

Travel ・ 12 January 2023

Politico

High rollers vie for New York casino in Times Square

But the real estate honchos promising pomp and circumstance - namely, Related Companies at Hudson Yards and SL Green in Times Square - have to overcome something their money can't buy: A handful of local politicians who not only don't care about the flashy proposals, but are turned off by Manhattan's years-long transformation into a playground for…

Politics ・ 14 January 2023

US Bets

Jay-Z In Times Square Casino State Of Mind

Developers and casino operators are pulling out all the stops in their pursuit of one of the New York City-area casino licenses being dangled by the New York State Gaming Commission as the selection process draws closer. Brooklyn native Jay-Z and his Roc Nation entertainment agency have joined a group of investors pushing for a Las Vegas-style…

Law ・ 06 December 2022

Casino Reports

Jay-Z’s Roc Nation Wants in on Times Square Casino Action

It looks like SL Green and Caesars Entertainment have received a boost in their pursuit of a commercial casino in Times Square, New York City. The two have now partnered up with Roc Nation, which is an entertainment agency founded by popular hip-hop artist and producer Jay-Z. The trio will now certainly form a strong case when bidding for a casino…

Industry ・ 06 January 2023

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Commercial Observer

New York City Casino Competition Heats Up: The Details

A downstate casino license in New York seems to be the ace of spades for developers, with five groups having made their plans known to compete for only three available licenses. However, the details of each project will depend upon a request for proposals expected to be issued by the New York State Gaming Commission before Jan. 6. Until then,…

Land-based ・ 05 December 2022

The Real Deal

Casino State of Mind: Jay-Z Joins SL Green Bid

You can't knock the hustle of SL Green Realty and Caesars Entertainment. The companies behind the Times Square casino bid at 1515 Broadway brought in rapper and business mogul Jay-Z to add to their effort to win one of the few licenses soon to be available, the New York Post first reported. Roc Nation, the Brooklyn native's company, announced…

Industry ・ 08 December 2022

New York Post

Jay-Z joins Times Square team bidding for prized NYC casino

SL Green and Caesars Entertainment have a glam new partner in their hoped-for Times Square casino - Brooklyn-born billionaire rapper and entertainment impresario Jay-Z and his Roc Nation, Realty Check has learned. The three-way partnership, to be announced at SL Green's annual investor conference on Monday, marks a dramatic twist in the developer's…

Land-based ・ 05 December 2022

Propmodo

Do Casinos and Big Cities Mix? Some Major Real Estate Developers Think So

Thousands of miles east of Las Vegas, big-name developers are clamoring for a rare casino license in one of the most densely-populated cities in the country. A long-in-the-works set of licenses, which will cost at least $500 million each, are up for grabs in New York state, which has led to a rush of bids from companies including Manhattan's…

Land-based ・ 01 December 2022

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The Points Guy

Slot machines over Broadway: Caesars Entertainment the latest to bet on NYC casino license

In a few years, the unlimited soup, salad and breadsticks at the Olive Garden might not be the only jackpot that awaits tourists heading to New York City's Times Square. Developer SL Green Corporation and Caesars Entertainment - owner of casino resort brands like Caesars Palace and Harrah's - want to put a casino in a skyscraper at 1515 Broadway in…

Travel ・ 31 December 2022

Trip Pub

Caesars bid for a Times Square casino rattles Broadway

Gambling giant Caesars bid for a casino in Times Square is sparking strong opposition from Broadway. As news of the idea for a Caesars Palace Times Square was announced, the Broadway League jumped into the debate, saying they don't see a gambling mecca as a good fit alongside the dramas and musicals that draw tourists to New York. "The addition of…

New Year ・ 26 October 2022

Action Network

Caesars Makes Bid for Times Square Casino in New York

Caesars Entertainment and SL Green Realty Corp. on Thursday announced a partnership bid to launch a casino inTimes Square, New York. It would be one of three downstate casinos sanctioned by the 2022 budget signed by Gov. Kathy Hochul in April. In its statement, SL Green pledged the efforts would benefit to "make visitors feel safer, improve mass…

Sports ・ 21 October 2022

AMNY

Real estate and gaming giants eye new casino in Times Square

Times Square, the Crossroads of the World, might soon become the Crossroads of Craps. Two giants in real estate and gaming, SL Green and Caesars Entertainment, have announced a joint bid for a coveted once-in-a-lifetime license to build a casino in the nexus of New York City. If selected, their proposed gaming hall atop SL Green's skyscraper at…

Land-based ・ 21 October 2022

The Real Deal

SL Green, Caesars Entertainment Propose Times Square Casino

UPDATED, Oct. 20, 2022, 11:10 a.m.: For all the times you felt like Times Square was just a little too quiet, a developer and an entertainment partner are trying to drum up support in the hopes of bringing a casino to the neighborhood. SL Green and casino monger Caesars Entertainment have teamed up to bring a shiny new Caesars Palace to 1515…

Travel ・ 21 October 2022

The New York Times

Times Square May Get One of the Few Spectacles It Lacks: A Casino

Times Square, New York City's famed Crossroads of the World, could hardly be considered lacking. It has dozens of Broadway theaters, swarms of tourists, costumed characters and noisy traffic, all jostling for space with office workers who toil in the area. Now one of the city's biggest commercial developers is pitching something that Times Square…

Travel ・ 17 December 2022

Card Player

Caesars Entertainment Announces Plan For Times Square Casino

SL Green Realty Corp. and Caesars Entertainment on Thursday announced a partnership to redevelop 1515 Broadway as a casino in the heart of Times Square. The casino project would require winning approval from the state of New York. "Caesars Palace Times Square will not only provide billions in tax revenue to New York City and State, it will also…

Land-based ・ 21 October 2022

Gambling

Major Casinos Compete For Manhattan License

New casino licenses won't be issued in New York until at least next year, but major gaming operators already are vying to open resorts in New York City. Las Vegas-based Caesars Entertainment is the latest to seek one of three downstate casino licenses, announcing plans this week for a casino in Times Square. Caesars is teaming with SL Green Realty…

Gaming Authorities ・ 21 October 2022