Two major Times Square property owners in New York City have announced their support for a potential Caesars Palace Times Square casino. They are Jamestown and Sherwood Equities, which own the One Times Square and Two Times Square properties, respectively.
New York continues to process applications for three casino licenses that would allow their future owners to offer commercial gaming in the state. SL Green, Caesars Entertainment and Roc Nation have teamed up to unveil a project to open a casino in the city’s main square in 2022.
Jamestown and Sherx travelers, as well as a playground for New Yorkers. He believes that no place in the city is more appropriate to launch a gaming expansion than Times Square. Rosen called the square the No. 1 tourist destination, as well as a hub for entertainment, hospitality, retail and transportation.
Caesars Palace has also garnered the support of numerous local businesses, unions and community organizations. Charlie Rosenberg of the Paramount Building next door to the potential casino called the project a unique opportunity to invest in Times Square. He e