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Times Square Casino Bid Rejected by Community Panel, Halting Jay‑Z‑Backed Plan

The 4–2 defeat means the Caesars and SL Green proposal will not advance to state review for the three downstate licenses.

Overview

  • The six-member Times Square Community Advisory Committee needed four yes votes but recorded only two, failing the required two‑thirds threshold.
  • Representatives for the mayor and the governor cast the only yes votes, while four appointees of local lawmakers voted no.
  • Broadway League president Jason Laks welcomed the outcome after arguing the casino posed an "existential" threat to theater jobs and the district’s economy.
  • Backers Caesars Entertainment, SL Green, and Roc Nation had proposed a $5.4–$5.5 billion project at 1515 Broadway above the Minskoff Theatre, citing $7 billion in projected taxes and community benefits.
  • Other downstate bids continue toward year-end decisions, including the Mohegan Sun–Soloviev Freedom Plaza plan that completed hearings and faces a Community Advisory Committee vote by Sept. 30.