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SL Green keeps Times Square casino proposal open after committee rejection

Licences & markets

SL Green CEO Marc Holliday said the company remains open to reviving its proposed Times Square casino with Caesars Entertainment and Roc Nation after a Manhattan community advisory committee rejected the bid. Holliday said the wider licensing process and outcome remain unresolved, with state gaming board decisions on up to three licences expected by year-end. SL Green estimated that the rejection cost it $13.1 million in related expenses.

Operators and investors can track whether SL Green, Caesars and Roc Nation revive the bid while state licensing decisions remain unresolved.

End-of-day close Caesars Entertainment (CZR), USD, to 1 December 2025
Story date2 September 20251 December 2025

Latest reported results

Caesars Entertainment NASDAQ: CZR

Quarter ended 30 September 2026

Revenue
USD 2.94bn10-Q filing 0001590895-26-000033
Operating income
USD 457.0m10-Q filing 0001590895-26-000033

Earlier licence decisions by NYSGC

DateCompanyAmountStoryAppeal status
Genting, Bally’sUSD 7,500,000,000New York casino applicants submit supplemental downstate bidsNot stated
MGM Resorts, VICIUSD 2,300,000,000MGM withdraws Yonkers casino licence bid over revised terms and economicsNot stated
Bally’s, MGMUSD 500,000,000New York Gaming Facility Location Board assesses four downstate casino bidsNot stated
Hard Rock, Bally’sNot statedNew York advisory committee endorses Metropolitan Park casino proposalNot stated
Hard RockUSD 8,000,000,000Metropolitan Park advances as fourth New York downstate casino finalistNot stated

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