Caesars Entertainment’s (NASDAQ:CZR) effort to build a casino in New York’s Time Square has been shot down by the Community Advisory Committee, failing to achieve the required two-thirds vote necessary to advance the proposal to the state level.

NEW YORK -- A permanent Central Perk coffee shop is coming to New York City! The fictional coffee shop, made famous as the recognizable gathering point of the "Friends" characters, will find itself a permanent spot in New York City's Time Square, according to a release from Central Perk Coffeehouse and Warner Bros. Discovery.