New York – Proposed Caesars Palace Casino at Casars Palace in Times Square, supported by Jay Z (Jay-Z) New York City– Wednesday’s gambling license fears its potential impact on the theater district after a fierce opposition from Broadway theater owners and producers.
A state-mandated community advisory committee rejected a $5.4 billion plan to redevelop the office building into a Caesar-branded hotel, gambling and entertainment complex.
Marc Holliday, the project’s main developer and property owner, SL Green, CEO of SL Green, made a brief vote after a brief vote in a small conference room overlooking Times Square.
“It’s a despicable ward expression, which is totally lacking in consideration for all those who benefit,” he shouted to the committee members as the committee members silently filed their lawsuit. “Go and run and hide.”
Pastor Al Sharpton, who was a supporter of the casino program, criticized the vote as a decision to preserve the historical white control of the Times Square entertainment business.
“We will remember being in the community,” he said after the All-Belgian Council vote.
The proposal needs to be considered by the state gaming committee, which requires approval, which plans to grant up to three licenses in December.
Times Square Casino Developers, including hip-hop tycoons Rock Country The company proposes a renovation of the office building at 1515 Broadway, which currently houses the Minskoff Theatre, home to the long-running “The Lion King” musical.
They envisioned the Caesar branded gambling hall as one of the world’s outstanding resort casinos and lined up for other influential supporters including Shapton and former New York Police Commissioner Bill Bratton.
“New York City It is the entertainment capital of the world, so the idea of a world-class casino here is completely reasonable. ”
But the owners, producers and unions of the Broadway Theater strongly opposed the plan, roaring protests at the crossroads of the world, packed in community hearings in recent months.
The Broadway Alliance, which represents the trading group of the American Performing Arts Theatres, believes the proposed casino will attract customers from nearby businesses and threaten the theater industry that still stands out from the 19th pandemic.
Jay-Z and other casino supporters retorted that the casino would not “compete with Times Square” but “replenish it.”
In his city and state interviews, Brooklynian said the proposal purposefully does not have retail space to encourage visitors to visit Broadway shows, restaurants and shops.
“Casino visitors will buy tickets, fill seats, book dinners, and place hotels in the area before the show,” Jay-Z said. “We are creating a hub that draws more people to the nearby ones, bringing new energy, new businesses and new opportunities to everyone.”
The casino developers also promised to invest $250 million in community projects, including a public safety program designed by Bratton and a multi-million-dollar civil rights museum recognized by Sharpton.
Eight casinos currently running for a state license must obtain approval from their local board of directors by the end of this month. None of them New York City.
The state gaming board is then expected to conduct its own review before granting up to three licenses in December.
Manhattan proposed two other casinos: one: one on the west side near the Jacob K.J. Javitz Convention Center and the other on the east side near the United Nations Headquarters.
Similarly, on the public golf course in the Bronx, it was also a casino once run by President Donald Trump. If the developer wins the license, the project could bring Republicans $115 million in paydays.
Elsewhere, a sprawling gambling hall was envisioned on the iconic boardwalk in Coney Island in Brooklyn and a hard rock casino was proposed next to Citifield in Queens, the Metropolitan Metropolitan Metropolitans.
Two “Racinos” (along with the horse racing track) are also seeking permission to implement table games (such as blackjack and poker) to become mature casinos.
MGM Resort Proposed a $2.3 billion expansion at the Imperial City Casino in Yonkers Raceway.
Resorts World, owned by Malaysian casino Giant Genting, is making a $5.5 billion investment in the Aqueduct Racing in Queens.
After the casino competition New York Voters in 2013 approved a referendum, which authorized up to seven complete casinos in the state.
Since then, four comprehensive casinos have opened, although all are located in Upstate far from Manhattan.
The state also has nine gambling halls that offer slot machines and other electronic gambling machines, but there is no live table game.
