Jay-Z Explains Why His Times Square Casino Proposal ‘Makes Perfect Sense’ for NYC

Jay-Z’s Roc Nation, alongside partners SL Green and Caesars, is making its latest transportation to unfastened a casino successful New York City’s Times Square.

Hov hopes to bring a multi-billion-dollar casino to the bosom of Broadway by obtaining 1 of the 3 disposable casino licenses for the downstate area. Ahead of a 2nd proceeding with the Community Advisory Committee connected Thursday (Sept. 11), the Roc Nation mogul sat down with City & State New York to item wherefore his program for NYC’s archetypal casino should reign supreme.

“New York City is the amusement superior of the world, truthful the thought of a world-class casino present makes cleanable sense,” Jay said. “I’ve ever looked astatine opportunities that tin displacement civilization portion uplifting communities, and Caesars Palace Times Square is precisely that.”

He added that the caller casino would beryllium “an hold of culture, an hold of the vigor and enactment that makes New York the metropolis it is.”

The Roc Nation bid hopes it volition basal retired among the remainder owed to its plans to springiness backmost to the surrounding NYC community. The institution pledged to invest $15 cardinal to the surrounding country if their licence is granted successful summation to 0.5 percent of the casino’s profits, each portion of a $250 cardinal assemblage backing promise.

“Our imaginativeness is to physique a destination that not lone attracts visitors but besides gives New Yorkers a spot they’re arrogant to enjoy. A casino present doesn’t vie with Times Square – it complements it,” helium added successful his latest interview. “We’re creating a hub that draws adjacent much radical into the neighborhood, generating caller energy, caller business, and caller opportunities for everyone.”

Officials for the Times Square casino bid person already begun the assemblage outreach process to align with initiatives from marginalized communities successful the country to determination into.

“The mode we enactment it successful our exertion is we made our licence contingent upon america providing and penning these checks,” Roc Nation CEO Desiree Perez told Billboard. “For example, for the LGBTQ initiative, we’re providing 5 cardinal dollars to Callen-Lorde. We’re conscionable putting the wealth successful their han...