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How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?

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How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?
How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?

Overview of the proposed Times Square casino and its backers

The Broadway League has initiated a new coalition to oppose the Caesars and Jay-Z supported casino proposal. As with all things, some New Yorkers adore Times Square while others loathe it; this sentiment is no different when considering the potential of a casino in that area.

Caesars Entertainment and SL Green Realty Corporation, who own lots of buildings in New York City, believe their casino plan is right for Times Square.

How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?
The casino will have slot machines and roulette wheels. Jay-Z supports the plan.

The “Coalition for a Better Times Square” has many supporters. There are twelve restaurants, two hotels, some unions like Actors’ Equity Association and Local 802 who represent Broadway musicians, two stores and several landlords.

Max Klimavicius is the owner of Sardi’s restaurant, which has been around for 100 years. He wants people to listen to him.

Concerns of Broadway theater owners regarding the potential impact of a nearby casino

As Mr. Klimavicius put it: “The addition of a casino in Times Square could threaten the appeal and ultimately even ruin its restaurants due to their primary purpose – casinos are designed to keep people gambling inside and they usually have eateries within.”

The formation of a coalition by the Broadway League to oppose the proposal

Sardi’s has joined a group called The Broadway League; No Times Square Casino Community Coalition. This group includes Joe Allen’s two restaurants, a bar and a church in Times Square. It also has five local groups, a bus association and a youth travel association that are against casino proposals. People don’t want casinos near Citi Field in Queens or Nassau Coliseum on Long Island or near the famous boardwalk of Coney Island in Brooklyn.

How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?
People have already started to protest this idea.

In New York, the people in the community have important opinions. Even one person who does not like a proposal can stop it. A committee of six people appointed by local leaders must agree on the project for it to go forward. The committee has to agree two thirds or more of the way for the project to continue.

Potential strategies that could be employed to protect theater interests

Liz Krueger, the senator for Times Square and a member of that committee, appears to be against it. The woman said that none of the people who live in her area think it’s a good idea to have casinos. Most of those people work for the companies https://in.1xbet.com/slots that want to build the casinos or their public relations firms.

“On the contrary, I find this proposal detrimental.”

Charlotte St. Martin is the president of the Broadway League. She thinks that if a casino is built, it will ruin Broadway and its special meaning to New York City. People on both sides have lots of power, but this isn’t like David vs Goliath where one side wins and one loses. Both sides want what they think is best for the city.

How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?
Possible repercussions for New York City if this casino is allowed to move forward

Thomas Schumacher, the director of Disney Theatrical Group and a member on The Broadway League’s board, is responsible for the Lion King musical playing at Minskoff Theater close to 1515 Broadway. Mr. Schumacher declined to provide any comments in regards to this news story. Five people from The Broadway League are also part of the Shubert Organization.

This is a big theater owner with a lot of theaters near where the casino will be built. These five people have a say in what will happen with the casino project.

The Shubert Organization did not let someone talk to us. The Manhattan Plaza Tenants Association of the No Times Square Casino Community Coalition is made up mostly of artists who live in a big building with 1,700 units near the Theater District.

How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?

Related Companies, the owner of the property in question, is likewise vying to construct a casino on New York City’s Far West Side; their proposal includes constructing an educational facility and affordable housing. Aleta LaFargue – leader of the tenant association – naturally opposes both proposals as she has been touched personally by gambling addiction. Her great-grandfather and her great-uncle suffered due to this issue, with her uncle currently facing foreclosure after spending his money at slot machines

How citizens can get involved in voicing their opinion on this issue

Ms. LaFargue, a Hell’s Kitchen resident, spoke from Margate N.J., the hometown of her mother – an area which many critics cite as evidence against casinos in cities. She has seen a lot of drug use and crime increase in the last few years. She does not think that introducing a casino would help. She wants to make things better for people who live there, and she thinks that adding a casino could cause big problems.

How Can Broadway Theater Owners Protect Their Interests in Light of a New Times Square Casino?
Ken Sturm, proprietor of Bacall’s Family Steakhouse near Sardi’s, had a different opinion from Ms. LaFargue and Mr. Klimavicius; he dismissed their worries as “foolishness.” 

“It’s incredibly beneficial for New York City to have this great spot in Midtown,” declared the restaurant owner whose business has been attempting to bounce back since the start of the virus outbreak five years ago.

What other cities have done when faced with similar proposals in their own neighborhoods

In 2022, New York State sanctioned the release of a maximum of three downstate casino licenses. A number of proposed casinos have been brought up, with two existing racinos possibly having an advantage over the others – one at Aqueduct in Queens and another situated north in Yonkers.

Casinos can be a problem. Politicians think they will make lots of money, but that money might go away over time

Robert Williams, a coordinator at the Alberta Gambling Research Institute, stated that “there’s always considerable disagreement between social activists highlighting all of the associated social harms and economic supporters stating they’re losing money to other states. It’s an issue that constantly recurs.”

For decades, the outcomes of gambling debates were largely determined by those who expressed concern for the social issues related to this activity. However, Mr Williams has noticed a shift in recent years – one that is indicative of how powerful and formidable casino proponents have become. In fact, it’s these groups that are more likely to be victorious on many matters today as they wage their own personal “juggernaut”.

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