{"id":8853,"date":"2024-06-26T14:30:59","date_gmt":"2024-06-26T14:30:59","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=america&#038;p=8853"},"modified":"2024-06-26T14:31:00","modified_gmt":"2024-06-26T14:31:00","slug":"gambling-experts-set-the-odds-on-jay-z-millionaires-race-for-licences-on-n-y","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/gambling-experts-set-the-odds-on-jay-z-millionaires-race-for-licences-on-n-y\/","title":{"rendered":"Gambling experts set the odds on Jay Z, Millionaires race for licences on N.Y."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Then Jay-Z, whose entertainment company Roc Nation is partnering with SL Green and Caesar\u2019s on the Times Square casino bid, posted an open letter on Instagram, pleading with New Yorkers to pick him.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.youtube.com\/watch?v=4d0WZjXrn98&amp;t=29s\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/assets\/feria24\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl.png\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is too important of a moment in our city\u2019s illustrious history\u201d the letter warned. New Yorkers should go with an operator who puts them \u201cat the top of their agenda.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.mundovideo.com.co\/america\/companies-getting-crazy-and-push-for-casino-in-new-york-city\" target=\"_blank\" rel=\"noreferrer noopener\">Companies getting crazy and push for Casino in New York city<\/a><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">New Yorkers may be forgiven for having some doubts that a Times Square casino would really have their best interests at heart. Especially as the biggest sweetener \u2014 $115 million for diverse theater programs that include daycare for Broadway workers \u2014 seems aimed at softening up a group of Broadway owners who\u2019ve been trying to block the Times Square casino.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">(Nor is it the first time Jay-Z has been deployed to win over casino skeptics: \u201cI remember one of the companies excitedly told me about Jay-Z. \u2018He\u2019s coming on board. Maybe you want to meet him?\u2019\u201d&nbsp; state senator Liz Krueger told <em>Bloomberg<\/em> earlier this year.)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s been a few months since New York opened the bidding process for the three downstate casino licenses, and billionaires have spent much of that time falling all over themselves to win New York City\u2019s.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Right now, real-estate giants like Related and SL Green, hedge-funder\/Mets owner Steve Cohen, real estate scion Steven Soloviev, and Coney Island magnate Joe Sitt have all thrown down a $1 million application fee to be in the running.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They\u2019ll need to win over a six-member community advisory committee, then spend $500 million on the license and another $500 million in capital investment. It\u2019s up to the applicants to figure out what kind of proposal and community perks package will persuade the committee to pick them, which leaves a lot of room for creativity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Then Jay-Z, whose entertainment company Roc Nation is partnering with SL Green and Caesar\u2019s on the Times Square casino bid, posted an open letter on Instagram, pleading with New Yorkers to pick him. \u201cThis is too important of a moment in our city\u2019s illustrious history\u201d the letter warned. New Yorkers should go with an operator [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8854,"menu_order":220,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-8853","america","type-america","status-publish","format-standard","has-post-thumbnail","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gambling experts set the odds on Jay Z, Millionaires race for licences on N.Y. - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/america\/gambling-experts-set-the-odds-on-jay-z-millionaires-race-for-licences-on-n-y\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gambling experts set the odds on Jay Z, Millionaires race for licences on N.Y. - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"Then Jay-Z, whose entertainment company Roc Nation is partnering with SL Green and Caesar\u2019s on the Times Square casino bid, posted an open letter on Instagram, pleading with New Yorkers to pick him. \u201cThis is too important of a moment in our city\u2019s illustrious history\u201d the letter warned. New Yorkers should go with an operator [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mundovideo.com.co\/en\/america\/gambling-experts-set-the-odds-on-jay-z-millionaires-race-for-licences-on-n-y\/\" \/>\n<meta property=\"og:site_name\" content=\"Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-26T14:31:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/gambling-experts-set-the-odds-on-jayz-millionaires-race-for-licences-on-ny-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"744\" \/>\n\t<meta property=\"og:image:height\" content=\"495\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/gambling-experts-set-the-odds-on-jay-z-millionaires-race-for-licences-on-n-y\/\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/america\/gambling-experts-set-the-odds-on-jay-z-millionaires-race-for-licences-on-n-y\/\",\"name\":\"Gambling experts set the odds on Jay Z, Millionaires race for licences on N.Y. - 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