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Hard Rock Makes Advances In NJ

Published: January 30, 2015 4:13 pm ET

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It has been reported that on Thursday, January 29 the New Jersey Casino Control Commission issued Seminole Hard Rock Entertainment a statement of compliance. The statement marks the first step for the ‘Hard Rock’ brand to potentially become added to the gaming mix in the state and possibly at the Meadowlands.

A Hard Rock gaming expansion at the Meadowlands could only happen if a number of changes are made in New Jersey, first and foremost being an amendment to the state Constitution which would allow casino gaming to be introduced to New Jersey locations outside of Atlantic City.

News of the statement of compliance comes courtesy of a report on the website of The Boston Globe.

In April of 2013, Hard Rock International and New Meadowlands Racetrack LLC announced that the two parties had entered into a long-term agreement which saw Hard Rock make an equity investment in New Meadowlands Racetrack LLC, which extended to any projected future developments at the racetrack.

In the 2013 joint release, Hard Rock International Chairman Jim Allen was quoted as saying, "Our company welcomes this opportunity and looks forward to leveraging our brand to potentially expand the region's gaming offerings and sports betting through this alliance. We also believe this investment would sit comfortably alongside potential projects in the future, such as Atlantic City, in the event we establish a viable long-term entry plan for the market."

(With files from The Boston Globe)

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