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Hard Rock still looks (removed) New Jersey Casino near New York City



ATLANTIC CITY, New Jersey – Even after spending half a billion dollars on a casino in Atlantic City, Hard Rock hopes to one day build in northern New Jersey near New York City.

Hard Rock CEO Jim Allen said The company has invested significant money and time to prepare itself for casino gambling on the Meadowlands Racetrack in East Rutherford.

"We have ownership in the Meadowlands and we have an exclusive right to operate the (casino) gaming operations there."

A proposal to allow this was defeated by voters in 2016. But Allen said the company did not drop the idea.

On Thursday at the opening of Hard Rock's new casino in the former Trump Taj Mahal, Allen said any study would make a casino in the Meadowlands good, with 1

4 million people living within 50 miles of it.

"Yes, we would certainly be interested," he said on Thursday.

An Associated Meadowla Press Analysis NDS Casino's proposal in 2016 found it could be one of the country's most successful, at least until a New York City casino opens, if it ever happens.

Jeff Gural, operator of the Meadowlands route, estimates Meadowlands Casino would take $ 800- $ 900 million a year from players and rank it among 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 to legalize sports betting that New Jersey has done quickly. The Meadowlands plans to start sportsbook on July 15th.

Allen's comments on Thursday followed those he had made, as soon as the nationwide referendum was undercut by 80 to 20 percent. But the key details of the project have never been fully explained, including where casinos go and how much they are taxed.

And at least for the moment, the appetite of the state's democratically-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 casino expansion is running in the background 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's been crushed." [196592002] Sweeney said he could not guarantee that a future Senate president would not try to revive a public vote.

"I just do not do it." I see it reasonably coming back and making sense, "he said.

Sweeney repeated this stance on Friday.

Hard Rock was one of two closed casinos in Atlantic City on the Returned to life Thursday, the former Revel Casino closed in September 2014 reopened as the Ocean Resort Casino.

The Trump Taj Mahal closed in October 2016 and Hard Rock bought it in March 2017 from former owner Carl Icahn Following the plan to develop a Meadowlands casino, Allen said he had committed to making his Atlantic City property a success.

"If the (Meadowlands Casino) looks like that, we'll probably be half a billion not forget the dollars we have invested in this building, "he said.

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