Gamblers and leisure travelers to Atlantic City should look forward to next year's summer as Hard Rock International is set to finish the redevelopment of the Hard Rock Hotel & Casino Atlantic City. Construction will take place on the former Taj Mahal building, which the company has successfully acquiesced last Wednesday from billionaire investor Carl Icahn.
Travel Pulse reports that Hard Rock is set to spend $375 million for the whole resort. Over 1,000 jobs are expected to be generated during construction and another 3,000 permanent positions will be filled once the resort is open.
New Jersey-based developers Joe Jingoli and Jack Morris are set to be Hard Rock's partners during the whole construction process. Coincidentally, all three of them are from New Jersey, which Morris joked about in a statement reported by the Press of Atlantic City. He said that the project would surely be successful since Jingoli, Allen, and himself are all "Jersey Boys".
"From world-renowned music events to innovative dining concepts, we're excited to bring the Hard Rock Hotel and Casino experience to the Atlantic City boardwalk- which has been home to our Hard Rock Cafe for more than 20 years," said Hard Rock chairman Jim Allen. "Our commitment to Atlantic City has never been stronger and we look forward to being a catalyst for further growth and development of the area."
Hard Rock fans and loyal guests will surely look forward to the resort's plans to build over 2,400 slot machines and 130 table games, making sure everyone will have no shortage of gaming options. The Hard Rock Cafe Atlantic City will also move to a new home within the casino hotel once construction is finished, with several more upgrades in the queue, including a more improved stage, seating good for 400 people, and a beach access.
This venture is also an attempt to save Atlantic City from its casino slump despite being home to a number of casinos. Availability of new casino properties in places such as New York and other neighboring states and cities have discouraged gamers and visitors to visit. The casino industry suffered a billion dollars' worth of revenue losses last year, as reported by the Press of Atlantic City.