The Broadway League Voices Further Opposition to Potential Times Square Casino
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The Broadway League is opposed to a casino being opened in Times Square. SL Green Realty Corporation and Caesars Entertainment are in a bidding war to obtain a license for a new gaming and gambling location.
The Broadway League is opposed to the Times Square Casino.
The Broadway League is opposed to the proposed casino in Times Square. The League's mission is to promote live theater and its cultural significance. New York City is on track to welcome nearly 57 million visitors by the end of 2022 and to surpass 2019 levels by 2024. A casino would bring economic and social disruption to Broadway and Times square. It would also take business away from small businesses. . ... For more information, visit BroadwayLeague.org. for more details. and the League’s website. For confidential support call the National Suicide Prevention Lifeline at 1-800-273-8255.
Casinos can bring economic benefits to under-developed areas where there are no competing businesses. A Times Square casino would draw customers away from existing area restaurants. They would be cannibalized by casino gambling. Every dollar spent at the craps table, roulette wheel or slot machine is a dollar not spent on a play, dinner, or a souvenir.
The economic benefits of casinos dwindle over time. Broadway shows draw approximately 40,000 people per day to the neighborhood. They directly benefit area shops, restaurants, hotels, garages and vendors.
The Broadway League has worked hard to make Times Square more pedestrian friendly and welcoming to visitors for the past 15 years. A casino that relies heavily on drawing tens of thousands of gamblers each day would increase congestion and crowding around Times square.
The Broadway League opposes a proposed casino in Times Square.
