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Times Square Casino Bid Levels the Playing Field with $500 Entry Ownership

Published date: 2025-06-26

A landmark step in democratizing casino investment is unfolding in New York as Caesars Palace Times Square introduces an inclusive ownership collaboration, giving ordinary citizens the opportunity to own a piece of the proposed casino development.

Backed by a powerful alliance—SL Green Realty, Caesars Entertainment, Roc Nation, and now civil rights leader Rev. Al Sharpton and Cadre founder Ryan Williams—this initiative seeks to redefine how casino projects engage with local communities.

The ownership model allows New Yorkers to invest with as little as $500, making this one of the most accessible large-scale gaming investments in U.S. history. Supporters argue this approach not only strengthens local economic inclusion but also empowers historically underrepresented investors with real stakes in an iconic Times Square venture.

Rev. Sharpton emphasized the importance of representation, noting that this project invites the community not just to benefit from jobs or development, but to own a share of the opportunity. Williams highlighted the financial impact of providing access to long-term wealth generation through property and gaming assets.

SL Green and Caesars aim to position the Times Square proposal as the most community-integrated casino project among the contenders for one of New York’s coveted downstate gaming licenses. With Broadway stakeholders, labor unions, and community groups expressing strong interest, this inclusive financial structure could become a template for future gaming developments nationwide.

As state regulators evaluate bids, the Caesars Times Square team is leveraging a unique selling point: a casino that pays back to its people—not just through entertainment and employment, but through direct equity participation.


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