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On Tuesday, the Broadway League spelled out exactly how awful a notion this is, in a letter that its president, Charlotte St. Martin, distributed to the trade group¡¯s more than 700 theater producers, presenters and general managers ¡ª a salvo aimed directly at the pitch to New York state officials for a ¡°Caesars World Times Square¡± at 1515 Broadway, smack dab in the heart of theaterland, between West 44th and 45th Streets. It¡¯s one of several bids for three new casino licenses the state has authorized for the New York City region, and are expected to be awarded next year.
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The Texas furniture magnate bet $500K at the casino for the University of Houston to win the NCAA¡¯s March Madness basketball tournament. A short time earlier, McIngvale won $75.7 million from wagers on the recent World Series.
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