Caesars and Jay Z Make NY Casino Bid

Caesars and Jay Z Make NY Casino Bid

Big brands are always looking for opportunities to expand their foothold. They do so in their country of origin or abroad. Either way, they’re looking for ways to get bigger than they are, and they have a chance to do so in NY.

New Your officials have been accepting bids for the 3 casino licenses available. There have been many brands that applied and Caesars Entertainment is one of them. They have partnered with SL Green and even Jay Z’s company called Roc Nation to have a better shot at getting a license.

Roc Nation, SL Green, and Caesars Entertainment Join Forces

The thing about New York is that it’s a big city and it has a lot of cultures that live in many shapes and forms. Broadway is there and so is Empire State. The city decided to take on a new kind of venture which is why its officials have announced 3 casino licenses for the best casino brands in the States.

Caesars Entertainment is a household name in the casino industry of the US as it has a spot on the Strip. SL Green is another name that needs to be considered ad both have partnered to leave their mark on New York. The latter is looking to make a boutique casino at the heart of New York. Both partners have taken on the third one in the form of Roc Nation.

The company is headed by NY heavyweight Jay Z who’s a legend in his own right. As a NY dweller, he’s looking to do all he can to improve NY. The partners have argued that their project will bring billions in revenue tax to NY and it’s going to create an influx of job positions that the community can fill.

There’s no doubt about the fact that the casino will be glamorous, but certain hurdles need to be dealt with. The casino may spark a larger outbreak of crime and may cause other kinds of issues like the reshaping of Broadway as it will be located in its vicinity.

Conclusion

SL Green along with Roc Nation and Caesars Entertainment is looking to make history by bidding for a casino license at the heart of New York. The project is an ambitious one and if they get the license then they’ll change the face of New York forever.

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