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Jay Z is doubling down as an investor for a new project to open a casino in Times Square.
According to TimeOut, Jay Z has invested in an effort to open "Caesars Palace Times Square." The location in mind? 1515 Broadway by Seventh Avenue in Times Square.
In a statement obtained by TimeOut Jay Z spoke about the project with great excitement saying, “New York is a beacon, the epicenter of culture. We have the opportunity to create a destination at the heart of Times Square, the true crossroads of the world... My partnership with SL Green and Caesars, this coalition, has all the promise and commitment to economic opportunity, growth and enrichment for the community, and everyone who visits the Empire State.”
No plans have been approved as of yet.
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