Jay-Z in Times Square casino state of mind as bid competition builds

Jay-Z in Times Square casino state of mind as bid competition builds

Article brief provided by US Bets
  • Mark Saxon, US Bets
December 6, 2022 2:32 PM

Developers and casino operators are pulling out all the stops in their pursuit of one of the New York City-area casino licenses being dangled by the New York State Gaming Commission as the selection process draws closer.

Brooklyn native Jay-Z and his Roc Nation entertainment agency have joined a group of investors pushing for a Las Vegas-style casino in a Times Square office tower, while a competing group of investors looking to build in Coney Island announced last week it had added Saratoga Casino and Raceway, a powerful horse racing and gambling interest in the state, to its bid.

The New York Post was the first to report Jay-Z’s involvement in the Times Square project at the 1515 Broadway office tower, a three-way partnership involving the hip-hop mogul and his entertainment agency, the SL Green development firm, and Caesars Entertainment.