Jay Z Ties-up With Caesars for NYC Times Square Casino

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iGaming Business

MGM reveals plans for full-scale commercial casino in New York

Located in the Yonkers region of New York, the Empire City Casino currently operates as a video lottery racino. The MGM venue offers slots and various table games, as well as harness racing betting and international simulcasting. However, MGM is seeking to transform the facility into a much larger venue with a range of facilities. These would…

Land-based ・ 30 November 2023

US Bets

Eleven New York Casino Bidders Wait For Answers

At some point in September - date to be announced - the New York State Gaming Commission will hold a meeting during which it may have answers to hundreds of questions posed by the 11 potential bidders for the state's three downstate casino licenses. "May" is the word of choice because this question-and-answer process started back in February, when…

Travel ・ 30 August 2023

readsludge.com

Hochul Raises Casino Developer Cash Ahead of Licensing Decisions

A bidding war for New York City area casino licenses is underway, and New York Gov. Kathy Hochul and the state Democratic Party are taking large donations from the gaming companies and real estate giants developing pricey proposals, according to recently-released campaign finance filings. In the past two months, Hochul's fundraising committee…

Land-based ・ 20 July 2023

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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

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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

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 Sports Geek

Steve Cohen Meets With Locals to Discuss Casino Plans

New York Mets team owner Steve Cohen met with more than 500 Queen residents last Saturday to solicit inputs on how to best develop the area around CitiField, including the possibility of bringing a casino to the Willets Point property. Cohen and the local community members talked about how to turn the long-dormant property into an all-weather and…

Industry ・ 10 January 2023

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New York State officials approve rules for casino license bidding process

New York State officials have released the criteria they will use to determine how up to three new casino licenses will be awarded. The operators awarded licenses to run any of the New York City-area properties will have to pay the state at least a $500 million fee for the permits, according to the rules the New York Gaming Facility Board approved…

Industry ・ 04 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

essence.com

JAY-Z, Roc Nation Join Bid for Times Square Casino

It looks like Jay-Z aiming to add "casino czar" to his business portfolio. The rap mogul's full-service entertainment agency, Roc Nation, will be the official entertainment partner of SL Green and Caesars Entertainment in their bid for a new, state-of-the-art gaming facility at 1515 Broadway in Times Square, per a press release shared with…

Land-based ・ 06 December 2022

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Time Out

JAY-Z might open a casino in NYC

The potential name of the project is Caesars Palace Times Square. It's still in the bidding phase but we can certainly see it become a reality: JAY Z's Roc Nation has joined SL Green and Caesars Entertainment in a proposal for a new Times Square casino. If accepted, they would build a state-of-the-art gaming facility at 1515 Broadway by Seventh…

Land-based ・ 06 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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Times Square May Finally Get a Casino

What do you get when you combine Hollywood Boulevard and Las Vegas? Something not too dissimilar to Times Square in New York. The bright lights, always'on' vibe, and milieu of sounds and smells is a cauldron of activity-and now, the race is on for a casino to be built in the heart of New York City as well. With gambling legal in metropolitan New…

Travel ・ 27 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

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

Sigma

Caesars partners with SL Green for Times Square casino

Caesars Entertainment said it has teamed up with property developer SL Green Realty Corp. to pursue a license for a casino in New York's Times Square. The companies said they would redevelop 1515 Broadway into a premier entertainment and gaming destination that would provide "billions in revenue" to both the city and the state. Caesars Palace Times…

Industry ・ 21 October 2022

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Caesars Reportedly Throws Hat Back Into NYC Casino Ring

Caesars Entertainment is reportedly partnering with SL Green to submit a bid to build a casino in Times Square. [Image: Shutterstock.com] Caesars Entertainment is reportedly partnering with SL Green to submit a bid to build a casino in Times Square. It looks like Caesars Entertainment is reversing a previous decision to back out of the New York…

Travel ・ 20 October 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

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

The Nevada Independent

Indy Gaming: Caesars enters NYC casino skirmish after first rejecting the idea

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Caesars Entertainment's entrance into an…

Covid ・ 26 October 2022