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NY Casino Faces Strong Opposition
A casino in NY might have been just an idea once, but today it’s a project that just might happen. Caesar’s Entertainment and SL Green Reality have partnered to make the project a reality after their bid for a casino license had been approved.
This is the first step before the project comes to life. Various groups in NY have been actively opposing the project due to the potential damage it could cause local companies and businesses. The Manhattan Coalition and Broadway League don’t want a casino anywhere near them.
Manhattan Coalition and Broadway League Oppose the Project
NY decided to revolutionize itself by building a casino or two which is why it offered all major brands a chance to earn one of the three licenses available. Many had applied, but only some succeeded in getting to the next step. Caesar’s Entertainment happened to be one of them and its bid for a license was approved.
Caesar’s Entertainment along with their partner SL Green Reality is now awaiting approval from a community commission. Once the commission approves their bid for a license, it will be reviewed by a gaming commission. When it comes to the community, it’s not exactly open to the idea of a casino in Times Square.
The Manhattan group spearheaded by the Broadway League are opposed to the idea of a NY casino. They express multiple concerns about the project such as traffic congestion, economic disruption in Manhattan, and a weakened tax base of the city.
Officials of the group have stated that after the pandemic people have been rediscovering the gems of NY and they would like to keep it that way. With a casino filled with restaurants and bars, the local restaurants and bars would suffer from a lack of customers.
In addition to these two groups, some media outlets are also opposed to the idea of a NY casino. These include New York Post, New York Daily News, and others. Caesar’s Entertainment has a long battle ahead of itself, a battle that the brand might lose.
Local businesses and companies as well as media outlets have rallied against the NY casino project. Caesar’s Entertainment and its partner will need to await confirmation from a community panel before a gaming commission review. As things stand now, a large part of the community isn’t open to the idea of a NY casino.