SL Green Realty Corp. and Caesars Entertainment have announced a partnership to redevelop Times Square property 1515 Broadway as a premiere entertainment and gaming facility.
Caesars Seeks NY Gaming License for Times Square CasinoSpeaking of the proposal, Tom Reeg, CEO of Caesars said:
Caesars Seeks NY Gaming License for Times Square Casino Caesars Seeks NY Gaming License for Times Square Casino Caesars Seeks NY Gaming License for Times Square CasinoActors’ Equity stated:
“The proposal from the developer for a Times Square Casino would be a game changer that boosts security and safety in the Times Square neighborhood with increased security staff, more sanitation equipment, and new cameras. We applaud the developer’s commitment to make the neighborhood safer for arts workers and audience members alike.”
According to the proposal, Caesars Palace Times Square will be 100% privately funded with the company licensing its brand and managing casino operations under a long-term management contract.
