Caesars Palace Times Square Pledges $5M to LGBTQ+ Health Center

Caesars Entertainment (NASDAQ:CZR) is one of the best S&P 500 stocks with huge upside potential. On June 24, Caesars Palace Times Square, which is a collaborative bid from SL Green, Caesars Entertainment, and Roc Nation, announced a $5 million commitment to support Callen-Lorde Community Health Center.

The pledge is contingent upon the acquisition of 1 of 3 downstate gaming licenses for their proposed gaming and entertainment destination at 1515 Broadway in Times Square.The $5 million commitment is divided into two parts: $2 million will support Callen-Lorde’s existing services in Chelsea, and $3 million is designated for a new Callen-Lorde Center for Excellence in Sexual Health in Hell’s Kitchen.

Caesars Palace Times Square Pledges $5M to LGBTQ+ Health Center

A general view of a luxury resort casino, surrounded by a beautiful landscape and illuminated at night.

The new 20,000-square-foot facility aims to expand access to rapid, high-quality HIV and STI care and address New York City’s surge in sexually transmitted infections, which have reached 30-year highs. This increase is partly explained by expanded testing post-COVID, but it also highlights the persistent gaps in timely diagnosis and treatment among LGBTQ+ New Yorkers and BIPOC communities.

Caesars Entertainment (NASDAQ:CZR) is a gaming and hospitality company that owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals, e-tables, hotel rooms, as well as table games.

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Disclosure: None. This article is originally published at Insider Monkey.