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The Grueling Truth - Where Legends Speak / US Betting News / Jay-Z sends open letter to New Yorkers about bold Times Square casino plan

Jay-Z sends open letter to New Yorkers about bold Times Square casino plan

Publish Date: 05/13/2023
Fact checked by: Mike Goodpaster

Music mogul Jay-Z and his company, Roc Nation, have proposed a compelling case for the Caesars Palace Times Square casino plan, aiming to secure a license for the first full-scale casino in the area.

In an open letter addressed to New Yorkers, Roc Nation outlined its plans for the casino, emphasizing commitments to community investment and addressing potential concerns as well.

The letter, featured in prominent New York publications, serves to counter misinformation while promoting Roc Nation’s bid.

Roc Nation
2023-05-13 08:13
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“A gaming license is going to be awarded to New York City. A bill was passed in the state legislature confirming it. The question is: which applicant will get the license?” the letter read.

The proposed casino is located at a 54-story tower between West 43rd and 44th streets. It will feature diverse theater programs, transportation solutions, and substantial investments in sanitation and security.

In partnership with SL Green and Caesars Entertainment, Jay-Z seeks to ease concerns about the casino’s impact on the community by promising to contribute to its welfare.

“New York is the epicenter of culture. We have the opportunity to create a destination at the heart of the true crossroads of the world,” Jay-Z said.

The billionaire further emphasized the potential for economic growth and enrichment for both residents and visitors to the Empire State.

Promising benefits

While some theater industry insiders have expressed reservations about introducing a casino to the area, Roc Nation’s letter highlighted many benefits the Caesars Palace Times Square would bring to New York City.

Beyond the creation of jobs for hotel and restaurant workers, the casino would also boost surrounding neighborhoods and bolster local businesses.

This vision aligns with Roc Nation’s commitment to promoting economic opportunity and advancement for all New Yorkers.

Jay-Z and his partners face stiff competition from other contenders, including New York Mets owner Steve Cohen. Each applicant presents their own unique vision for the space.

Roc Nation’s open letter seeks to build public support and dispel any misconceptions surrounding their ambitious casino proposal.

By engaging directly with New Yorkers, Roc Nation aims to convey its dedication to responsible development and its potential to enhance the city’s economy.

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