New York officials sink Times Square casino bid

A well-financed campaign to build a casino in the heart of New York’s theater district collapsed Wednesday as a government-appointed panel voted down the proposal.

Opposition to the project was led by community groups who said a casino would lure unsavory people and theater interests who argued it would cut into Broadway’s business.

The Caesars Palace Times Square project, a venture whose sponsors include rap musician and entrepreneur Jay-Z’s company Roc Nation, failed to clear a key hurdle at the Community Advisory Committee…

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