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Latest Times Square Attraction Could be a Caesars Palace Casino

  • Pair will turn 1515 Broadway into gaming, entertainment venue
  • Related, Wynn have also proposed a plan for a casino in NYC

The Times Square neighborhood of New York.

Photographer: Amir Hamja/Bloomberg

SL Green Realty Corp. is teaming up with Caesars Entertainment Inc. to redevelop a Times Square building in pursuit of one of the state’s gaming licenses.

As part of the plan, the pair would turn 1515 Broadway into Caesars Palace Times Square, a venue that would include a Broadway theater to house productions of The Lion King, the companies said Thursday in a statementBloomberg Terminal. The developer and gaming company are also proposing security and traffic improvements.