The New Jersey Casino Control Commission is set to rule later today on whether it would grant a casino license to the brand new Hard Rock hotel and casino complex, which is supposed to open doors late next month.
The land received site approval by the New Jersey Casino Reinvestment Development Authority last month. It now wants a casino license from state gaming regulators so as in order to open doors as a gaming hotel on June 28.
Hard Rock Hotel & Casino Atlantic City is the Most Recent addition to the gaming and hospitality portfolio of Florida-based operator Hard Rock International. The property will function at the site of the former Trump Taj Mahal. Hard Rock purchased the site last year by New York investor Carl Icahn.
The gaming and hospitality giant spent $500 million to bring down Trump Taj Mahal’s emblematic minarets and to redevelop what was dubbed as the eighth wonder of the world prior to its closing in the fall of 2016 into a music-themed gaming and entertainment hotel.
Last month, Hard Rock confirmed the remodeled house would swing its doors open on June 28. Employees at the hotel installed the first indications that would identify the complex late last week, suggesting that preparations for the upcoming opening have been in full swing.
It’s very important to be aware the Hard Rock has already completed an important step toward being granted a license for the performance of a high end casino. A number of decades back, that the Florida-headquartered firm expressed interest in conducting a casino at the existing Meadowlands Racetrack in East Rutherford, North Jersey. Hard Rock obtained a statement of compliance, which represented the first step in the procedure for acquiring a casino license from state regulators.
While this strategy could not be carried out as New Jersey residents voted down the proposed expansion of casino gaming beyond Atlantic City at a 2016 referendum, that preliminary measure could be of aid Hard Rock in its bid for a license for its fresh Atlantic City hotel.
Hard Rock Atlantic City will be just one of two casino hotels to re-open doors on the Atlantic City Boardwalk summer time. The owners of the prior Revel, today Ocean Resort Casino, confirmed Tuesday that the land will, too, be relaunched on June 28 after several weeks of speculations over its launching date.
Ocean has been bought earlier this season by Colorado-based property investor Bruce Deifik for $200 million. The company spent another $200 million for renovations at the property and its groundwork for launching.
Trump Taj Mahal and Revel were among the five casino hotels that closed down in Atlantic City in the interval between 2014 and 2016. Their reopening is viewed by analysts as a sign because of its slow revitalization of town’s casino industry. The two properties will jointly create 6,500 new tasks. As many as 11,000 people lost their jobs as a result of closure of their five Boardwalk resorts throughout the above-mentioned interval.
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