Jay-Z Teams up With Caesars for Times Square Online Casino in New York City
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SLG has also used the Jay-Z headliner to nip a wrong perception in the bud, that the Caesars Palace Times Square Online Casino project would be nothing but an oversized gaming pleasure dome. Instead, the New York Post cited SLG CEO Marc Holliday as saying the: “boutique-size Online Casino […] would occupy only eight floors in the 54-story tower.” mini game cassino,Online Casino,aposta online,mini game cassino online,
Holliday also announced an approximately 800-room, five-star hotel at the site. This dovetails with SLG-Caesars getting onboard with certain aspects of the bidding criteria. Namely, that applicants will need to demonstrate to the New York state sitting committee how many quality jobs their gaming facility would create and how it would boost revenue for the locality and the state.
With Jay-Z now on board, the Caesars Palace Times Square bid has that entertainment X-factor base covered.
Major players make big moves
SLG’s annual investor conference on Monday is when — according to the NY Post’s Realty Check — the details of the Jay-Z-Caesars-SLG partnership will be announced. It’s expected, however, that Roc Nation will oversee entertainment programming at 1515 Broadway and other SLG Times Square properties.
thinking outside the pure Online Casino-build box
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That groups like Caesars and SLG are thinking outside the pure Online Casino-build box, signals the intensity of the bidding war. This comes from the notion that the widely believed two favorites, Genting-owned Resorts World New York City in Queens and Yonkers’ Empire City Online Casino, practically have their licenses in the bag.
This essentially leaves just one license for which to fight.
Caesars-SLG’s bid, which came as a late surprise, is for Times Square, while Wynn Resorts-Related Companies are banking on Hudson Yards. Other interested bidders include New York Mets owner Steven Cohen (proposed site near Citi Park), the Soloviev Group (Midtown East), and Thor Equities Group, which has announced a $3bn bid for a Coney Island project. Add Vornado’s Steve Roth, who’s suggested a potential Herald Square bid, and it is clear that the industry’s biggest hitters are heading for a winner-take-all showdown in New York.