#Broadway League

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

City & State New York

Casino and real estate magnates are looking to hit the jackpot in New York City

Soon, three new full-scale casino licenses will be issued in the New York City area, and business interests from across the globe are looking to get in on the action. Among those vying for the rights to develop their gambling and leisure megacomplexes - the licensing fee is $500 million with a minimum investment of another $500 million in the…

Winnings ・ 07 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

chinadaily.com.cn

Developers seek casinos in Manhattan

A proposal seeking one of New York City's three casino licenses would include a massive Ferris wheel near the United Nations' headquarters in Midtown Manhattan with a mostly underground casino. Another proposal would convert the top three floors of Saks Fifth Avenue's flagship department store on Fifth Avenue across from Rockefeller Center and St.…

Law ・ 02 February 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

New York Post

Saks unveils stylish plan for casino at Fifth Avenue store

Saks Fifth Avenue finally tipped its hand, confirming plans to bid for a casino license on the top floors of its flagship store on Fifth Avenue. The luxury department store between East 49th and East 50th streets, next to St. Patrick's Cathedral, released exclusive images to The Post for a casino that will bring high rollers to the home of high…

Industry ・ 13 January 2023

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Broadway World

Jay-Z Joins Bid For Caesars Palace Times Square Casino

Jay-Z's Roc Nation has joined SL Green and Caesars Entertainment in the proposal to build a casino in Times Square. TimeOut has reported that the music mogul's company has added their support for the potential casino would be called Caesars Palace Times Square and would be located at 1515 Broadway, in the same building complex as the Minskoff…

Land-based ・ 10 January 2023

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

Casino Reports

Stefan Soloviev Eyes Downstate Casino License in NY

Yet another candidate has emerged who is interested in joining the New York State's casino industry, and his name is Stefan Soloviev. The real estate developer has expressed interest in one of the three available downstate casino licenses and has allegedly already started discussions with Las Vegas brands to potentially develop one south of the…

Industry ・ 30 December 2022

The New York Times

Where’s the Best Place to Build a Casino in New York City?

Two public development projects are in the works that will indelibly change the character of New York City. Both are fraught with political and economic risks, and both will strike a nerve with many New Yorkers. The first is the closing of the notorious Rikers Island jail complex. The city's plan, which includes relocating the incarcerated…

Industry ・ 30 December 2022

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US Bets

A Deeper Look At New York's Powerful Casino Location Board

Investor and restaurateur Ken Sturm has been doing business in Times Square for more than three decades. The owner of Bacall's Steakhouse on West 44th Street and the world-famous Ellen's Stardust Diner (named after his mother) on Broadway and 52nd Street, Sturm has seen what the pandemic has done to the heart of Manhattan. He thinks it's time the…

Law ・ 21 December 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

Forbes

Blackjack On Broadway: Caesars Palace Casino May Come To Times Square

Caesars Entertainment unveiled plans Thursday to develop a massive casino resort on Broadway in the heart of Times Square amid the already bright and boisterous neighborhood, as the highly lucrative battle to bring gambling to Manhattan heats up. Caesars Palace Times Square would be located at 1515 Broadway- once home to MTV's famous Times Square…

Land-based ・ 15 December 2022

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

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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

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

Broadway World

The Broadway League Voices Further Opposition to Potential Times Square Casino

As BroadwayWorld, commercial developer, SL Green Realty Corporation and gambling corporation Caesars Entertainment joined a bidding war to obtain a casino license to bring a new gaming and gambling location to Times Square. The Broadway League sent a letter to its members expanding upon their strong opposition to a casino being opened in Times…

Travel ・ 30 November 2022

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The Washington Post

A casino in hectic Times Square? This theater critic says heck no.

NEW YORK - That "permanent floating crap game" that good old reliable Nathan is always trying to set up may be coming to Times Square. I'm not talking about "Guys and Dolls" - though that, coincidentally, may be in the cards, too. No, what's actually being pitched is a casino in the heart of the theater district, a serious proposal that has deeply…

Travel ・ 29 November 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

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 Wall Street Journal

Times Square Plots Its Comeback, and It Looks Like Las Vegas

New York City's Times Square is looking to rebound from its worst economic crisis by becoming more like Las Vegas. Investors and developers are doubling down on tourism and entertainment venues while Times Square's during the day. A new hotel with an outdoor pool overlooking the theater district has been opening in stages since last year, while…

New Year ・ 26 April 2022