Jay-Z and Roc Nation want to open the first ever casino in Times Square, NY (Read More Here).
“Roc Nation and our partners are here to ensure Times Square remains connected to all facets of culture. There’s no better location for a Caesars Palace entertainment destination than the Crossroads of the World.”
“A gaming license is going to be awarded to New York City,” Roc Nation noted. “A bill was passed in the state legislature confirming it. The question is: which applicant will get the license? Some conflicted parties have attempted to spread misinformation, so we wanted to speak to you, New York City, directly.”
The letter, which will reportedly be advertised in the New York Post, New York Daily News, and Amsterdam News on Thursday, notes that only one gaming license will be rewarded to NYC. With the competitiveness of other suitors looking to open their own casino in the city, JAY and his company detailed how they plan to “put the well-being of New Yorkers at the top of their agenda and do right by its residents.”
Jay-Z’s team intended to commit $115 million to “diverse theater programs” in its bid to open Caesars Palace Times Square. Roc Nation claimed the casino will help mass transit, protect Broadway and invest in sanitation.
Roc Nation also laid out its innovative plans to benefit not only tourists but “everyday New Yorkers” as well. The proposal includes plans to: “Give back to all surrounding businesses; Benefit mass transit; Invest money into sanitation and security from the bowtie all the way west into Hell’s Kitchen; Develop and deliver a much-needed transportation plan; Protect the interests of the actors, producers, theatre staff, writers and patrons that represent the true heart and soul of Broadway; and Provide opportunity for all.”
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