Supporters of the Times Square casino proposal argue it would create jobs and improve the community through private investment. Marc Holliday, CEO of SL Green, believes the project will boost local hotel, restaurant, and retail demand. Conversely, opponents claim the casino could harm Broadway revenue and detract from the area's livability. The proposal, led by a partnership of SL Green, Caesars Entertainment, and Roc Nation, is one of eight competing for limited licenses and requires a two-thirds majority vote from the Community Advisory Committee to proceed further.
The casino bid would provide construction and service jobs to the neighborhood while improving the community through private investment.
Marc Holliday, the CEO of SL Green, said the casino will create a halo effect, boosting demand for hotels, restaurants and retail across Times Square.
Opponents alleged the casino would divert revenue from Broadway and make the area unlivable.
The casino is part of a joint bid between SL Green, Caesars Entertainment and Roc Nation that would bring the proposed casino and entertainment complex to Times Square.
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