Roc Nation ups casino bid

 


Roc Nation has raised its bid with an extra $115M to gain a new casino license in Times Square. 

The company vows to invest the money in theater programs on Broadway.

  • The Jay-Z-founded company has partnered with SL Green Realty and Caesars Entertainment to build a casino on the top eight floors of an existing skyscraper on Times Square.
  • While Roc Nation claims that a casino in Manhattan would benefit New Yorkers from all walks of life, regardless of their backgrounds, a group of restaurants, residents, and a church, who have formed the "Broadway League," claim the casino would not help improve the quality of life in the area but would make it worse.
  • Roc Nation is the only bidder that aims to open a casino in Times Square, as other bidders have proposed buildings in locations such as Brooklyn, Bronx, Midtown East, etc.
  • New York State is expected to grant its casino license to the winner by the end of 2023.

   

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