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SL Green and Caesars Entertainment announce pursuit of NY gaming license for Times Square
Transactions - OCTOBER 20, 2022

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SL Green and Caesars Entertainment announce pursuit of NY gaming license for Times Square

by Released

SL Green Realty Corp. and Caesars Entertainment have announced a partnership to redevelop 1515 Broadway in Manhattan as a premiere entertainment and gaming destination in the heart of Times Square.

Caesars Palace Times Square will be designed to include a Broadway Theater for The Lion King. The development will also bring Caesars Entertainment’s more than 50 years of experience in entertainment, food and beverage, and gaming to New York City to deliver a best-in-class experience that will be authentic and complementary to the Times Square entertainment district.

“We believe that Times Square offers the best location for a new resort casino that can attract tourists and benefit local businesses. We’re excited to pursue this license with Caesars and our many local partners. Our approach will ensure that under-represented communities benefit both in terms of employment and investment opportunities,” said Marc Holliday, CEO of SL Green. “A casino in Times Square

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