Broadway’s Stance Against Times Square Casino

This week, Broadway is taking a stand with a different tune.

Opposition to Jay-Z’s Casino Proposal

The powerful unions, landlords, and businesses associated with the theater community are strongly against Jay-Z, Caesars Entertainment, and SL Green Realty’s plan to build a casino in Times Square.

Protests Amid the Theatrical Scene

In the building that hosts the family-friendly “The Lion King” at 1515 Broadway, the idea of blackjack and casinos looms large—just a block away from “Hamilton,” where drunk tourists may end up losing their money.

Rallying for Broadway

Out of intense opposition, Broadway professionals organized a rally near the iconic red steps ahead of the proposal deadline. Their cause was echoed through songs of protest, with Broadway League President Jason Laks expressing deep concern for the neighborhood’s wellbeing.

Financial Concerns for the Theater Industry

According to Laks, a casino could detract from Broadway’s unique offerings. With this past season showing the highest attendance since 2019, the theater community believes that a casino would draw attention and resources away from their productions.

Casino Dynamics vs. Broadway

While Caesars claims that its casino would support Broadway by purchasing tickets, critics question the practicality of diverting customers to lengthy shows when casinos prefer to keep gamblers engaged on their premises. This fundamentally differs from Las Vegas, where entertainment is designed to quickly return patrons to gambling.

Concerns Over Times Square’s Future

With Times Square becoming increasingly chaotic since 2020, adding a casino might only escalate the issues already present in the area. Critics argue that this would not enhance Times Square but rather exacerbate existing problems, similar to past misguided policies that failed to yield positive returns. Ultimately, the collaborative effort of investors dedicated to Broadway is deemed the more beneficial gamble for the area.