A proposed casino in the heart of Times Square – backed by Caesars Palace, Jay-Z ’s Roc Nation and building owner SL Green Realty – will not be moving forward, per a vote this morning by the project’s Community Advisory Committee (CAC).

“The question of whether to advance the application to the gaming facility’s location board has received two positive votes, meaning the application has been disapproved,” CAC chairperson Carl Wilson concluded during the hearing . Four members of the CAC voted against the project.

The proposal would have built out a 150,000-square-foot casino at the One Aster Plaza office tower, located at 1515 Broadway, a 54-story building that also houses the Minskoff Theater, best known as the home of musical “The Lion King.” It would have also included a sport

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