ATLANTIC CITY, New Jersey (AP) – Even after spending half a billion dollars on an Atlantic City casino, Hard Rock still hopes One in the New North to Build Jersey near New York City One Day
Hard Rock CEO Jim Allen said that the company has made significant investments of money and time for casino gambling on the Meadowlands Racetrack in East Rutherford.
"We have property in the Meadowlands and we have an exclusive right to operate the (casino) gambling operation there," he said.
A proposal to allow this was defeated by voters in 2016. But Allen said the company had not dropped the idea] At the inauguration of Hard Rock's new casino in the former Trump Taj Mahal, Allen said any study would make a casino in Meadowlands good, with 14 million people around Live 50 miles.
Yes, we would certainly be interested, "he said Thursday.
An Associated Press analysis of the Meadowlands Casino proposal in 2016 found that it could be the most successful in the country – at least until a casino in New York City itself is opened, if that happens at all.
Jeff Gural, who runs the Meadowlands route, estimates that a Meadowlands casino would receive between $ 800 and $ 900 million a year from players, making it one of the nation's most successful Some analysts believe that a Meadowlands casino could reach annual sales of at least $ 1 billion, at least before it has a competitor in North New Jersey.
And since that time, the Supreme Court has cleared the way for all 50 states Made to legalize sports betting that New Jersey has done quickly The Meadowlands plans to start sports betting on July 15.
Allen's comments on D On the same day, he reiterated that he had made about 80 percent to 20 percent immediately after the defeat of the nationwide referendum. But important details about the project have never been explained, including exactly where the casinos go and how much they are taxed.
And at least for now, the appetite in the Democratic-controlled legislature remains low again for another public vote on casino expansion. The Constitution of New Jersey restricts Casinogaming to Atlantic City; Changes that would require a constitutional amendment.
New Jersey Senate President Steve Sweeney told the AP in December that the casino expansion is lagging behind at best.
"I will not see it soon, if at all," he said at the time. "I can not see where it's coming from, it was crushed."
Sweeney said he could not guarantee that a future Senate president would not try to revive a public election.
"I just do not do it. I see it coming back sensibly and making sense," he said.
Sweeney reiterated this attitude on Friday.
Hard Rock was one of two closed casinos in Atlantic City that returned to life on Thursday. The former Revel Casino, which closed in September 2014, reopened as the Ocean Resort Casino.
The Trump Taj Mahal closed in October 2016 and Hard Rock bought it from former owner Carl Icahn in March 2017. Following the plan to develop a Meadowlands casino, Allen said that the Atlantic City property will be a success.
"If the (Meadowlands Casino) looks like that, we will certainly not forget the half-billion dollars we have invested in this building," he said.
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