Jay-Z’s NYC Casino Bid Shot Down By Advisory Committee

Jay-Z and Roc Nation have been pushing to open a on line casino in Occasions Sq. for years. Now, nevertheless, it appears like their plan has been foiled in the meanwhile. In line with the Hollywood Reporter, a neighborhood advisory committee voted towards shifting ahead with the on line casino bid from SL Inexperienced Realty Company, Caesars Leisure, Roc Nation, and Reside Nation at present (September 17).

“This was a vote to guard the magic of Broadway for the 100 thousand New Yorkers who rely on it for his or her livelihoods, and for the tens of thousands and thousands who come from world wide to expertise it. A on line casino can go wherever, however Broadway solely lives right here. We’re so crammed with gratitude for the committee members and the native elected officers—State Senator Liz Krueger, Meeting Member Tony Simone, Borough President Mark Levine and Council Member Erik Bottcher—who seemed on the information, listened to the residents and stood up for this neighborhood and the theater neighborhood,” president of the Broadway League, Jason Laks, stated in response to the vote.

After the vote, SL Inexperienced CEO Marc Holliday had some robust phrases for CAC members. “What you probably did right here at present was despicable,” he advised them, as captured by Nick Garber on X.

Throughout an interview with Metropolis & State New York earlier this week, Jay-Z defended the on line casino bid. “New York Metropolis is the leisure capital of the world,” he defined. “So the thought of a world-class on line casino right here makes excellent sense.”

“Our imaginative and prescient is to construct a vacation spot that not solely attracts guests but in addition offers New Yorkers a spot they’re proud to get pleasure from. A on line casino right here doesn’t compete with Occasions Sq. – it enhances it,” Jay-Z added. “We’re making a hub that pulls much more individuals into the neighborhood. Producing new power, new enterprise, and new alternatives for everybody.”