Business
Caesars Palace Times Square Partners with Rev. Al Sharpton and Ryan Williams, Founder of Cadre, on Historic Inclusive Ownership Opportunities for U.S. Gaming
NEW YORK, June 25, 2025--Caesars Palace Times Square today announced its partnership with Reverend Al Sharpton and Ryan Williams, founder of one of the leading global digital real estate investment platforms, Cadre, to pursue a historic inclusive ownership model for U.S. gaming. Caesars Palace Times Square is the bid from SL Green Realty Corp, Caesars Entertainment, and Roc Nation to bring a state-of-the-art gaming and entertainment destination to 1515 Broadway in Times Square.
About this update from Caesars Entertainment, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":400,"url":"https://media.zenfs.com/en/business-wire.com/e47a9a876d0d22aca94b477240c12551"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vX7oYfAnaCc5pSjVO3vnbQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTgwMDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/e47a9a876d0d22aca94b477240c12551","width":480,"height":400}},"lazy":false},{"type":"text","content":"NEW YORK, June 25, 2025--(BUSINESS WIRE)--Caesars Palace Times Square today announced its partnership with Reverend Al Sharpton and Ryan Williams, founder of one of the leading global digital real estate investment platforms, Cadre, to pursue a historic inclusive ownership model for U.S. gaming. Caesars Palace Times Square is the bid from SL Green Realty Corp, Caesars Entertainment, and Roc Nation to bring a state-of-the-art gaming and entertainment destination to 1515 Broadway in Times Square.","length":499,"tagName":"p"},{"type":"text","content":""Thanks to the leadership and vision of JAY-Z, we believe that for the very first time our community will not only have a seat at the table but also the opportunity to have a stake in the ownership of Caesars Palace Times Square," said Rev. Al Sharpton. "A New York casino belongs in Times Square and it should be designed to benefit all New Yorkers. That’s why I’m a supporter of Caesars Palace Times Square."","length":430,"tagName":"p"},{"type":"text","content":"This effort will enable local households to participate in this transformative project with accessible investment opportunities starting at $500. Williams, who has previously raised billions of dollars through innovative platforms he founded, including Cadre, is committed to removing barriers that have historically prevented low-income New Yorkers from accessing large-scale real estate investments. By coupling Rev. Sharpton’s deep community ties with Williams’ proven experience using technology to raise and invest capital over the course of more than 20 years, the partnership has the potential to transform equitable ownership from an aspiration into an actionable, measurable reality.","length":692,"tagName":"p"},{"type":"text","content":""This initiative overcomes longstanding barriers," said Ryan Will...