New Jerseys Meadowlands could use a little rock ‘n’ roll and Hard Rock International may well be just the ticket. It truly is investing inside the New Meadowlands Racetrack.
Governor Christie wanted to obtain the state out with the horseracing business enterprise. The sale of the racetrack at the Meadowlands was an essential a part of that procedure. Private ownership is building a smaller sized grandstand reflecting current interest in horse racing, which makes much more sense than the old model. What would make a lot more sense would be the addition of casino gambling.
We continue to oppose the state’s efforts to bring gambling in to the living rooms of New Jerseyans by means of on line casino-style games. We also see no advantage in expanding the sorts of sporting events that happen to be open to betting. But we recognize casinos are all about New Jersey plus the days of Atlantic City’s primacy are extended gone. In North Jersey, gamblers can travel either to New York or Pennsylvania with higher ease than to Atlantic City. And they’re.
Christie has pledged to help keep gambling solely in Atlantic City though a five-year strategy to restore the luster to A.C. is offered a opportunity to operate. Whilst we hope Atlantic City will reinvent itself as a family members location, it can’t change its geographic place. Refusing to see the revenue prospective in a North Jersey casino website is myopic on the a part of state leaders. It’s also self-serving on the part of potent South Jersey politicians.
That brings us back towards the very good news of Hard Rock’s presence at the Meadowlands. There was hope two years ago that a Hard Rock hotel and casino would open in Atlantic City. The failing financial climate in Atlantic City proved unattractive to Hard Rock management.
Investing in the Meadowlands is often a sign that the firm sees terrific value in New Jersey.
If state law changes to allow casinos outdoors of Atlantic City, Hard Rock is poised to create a single in the Meadowlands. Keeping the corporation engaged in New Jersey also keeps a door open for Atlantic City investment, as well. It’s uncommon when we see such a great corporate match for future Meadowlands improvement.
We’ve got only to appear in the failed Xanadu internet site to comprehend what the consequences are when the developer and investors usually are not equal towards the task at hand. A Difficult Rock hotel and casino at the Meadowlands would complement the American Dream notion for the failed Xanadu, and it would also augment MetLife Stadium. For now, all of that is definitely pure speculation. What is true is Difficult Rock’s investment in the racetrack and in New Jersey. And that may be excellent news, certainly.