by Sharelle B. McNair
Might 21, 2025
If profitable, the Caesars Palace location could be the second Black-owned on line casino in U.S. historical past.
Jay-Z just lately met with Democratic Senate Majority Chief Andrea Stewart-Cousins in hopes of opening New York Metropolis’s first Black-owned on line casino in Occasions Sq., CBS Albany reviews.
The rapper and music mogul met with Stewart-Cousins to debate a bid from his firm, Roc Nation, to safe a gaming license to open a Caesar’s Palace.
Jay-Z penned an open letter in 2023 pushing growth plans.
“Our imaginative and prescient is to offer again to New York and be certain that the Broadway neighborhood, Hell’s Kitchen, and the encompassing companies and areas all profit,” Carter wrote on behalf of Roc Nation. “And never only for a minute, however for the long-term.”
Jay-Z made an sudden look on the State Capitol Monday, assembly with Democratic Senate Majority Chief Andrea Stewart-Cousins to bid on a gaming license on behalf of his firm Roc Nation for the Caesar’s Palace they plan on opening in Occasions Sq.. pic.twitter.com/BRce2LlEbR
— The Hip Hop Junkie (@hhjunkie718) Might 20, 2025
New York Metropolis has been a sizzling spot goal for on line casino placement over the previous few years. Resorts World On line casino New York Metropolis, positioned in Queens, is the town’s solely on line casino, but it surely received’t final lengthy. After reviews from CNBC revealed a bid from Wynn Resorts was dropped to construct an area in Manhattan’s Hudson Yards neighborhood, Senate Deputy Majority Chief Michael Gianaris introduced his assist of an $8 billion proposal that may carry a gaming venue to Queens.
Wynn is the second massive on line casino to desert its bid for an area in New York. Las Vegas Sands additionally introduced it would not push for a license for a developed website at Lengthy Island’s Nassau Coliseum, pointing the finger at probably competing in opposition to on-line on line casino video games if the state legalizes the follow.
Because the state is ready to award as much as three new gaming licenses in 2025, if Hov is profitable in his endeavor, the Caesar’s Palace location might be the second Black-owned on line casino in U.S. historical past. In 2002, Don Barden, grew to become the primary African American to personal a on line casino in Las Vegas with a $149 million acquisition of three Fitzgeralds casinos.
In 2024, Roc Nation pledged thousands and thousands in grants that may be distributed all through surrounding communities if the bid have been profitable.
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