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  • Created On:
    09/07/2011 9:56 PM
  • Last Update:
    06/08/2017 10:19 AM

Hard Rock Casino Only Mini Casino Still Alive In Atlantic City

It's not very surprising that the other applicants for a mini casino in Atlantic City have dropped out and the only remaining mini casino project planned is the Hard Rock Casino.

A new program allows the state Casino Control Commission to issue licenses for two smaller-scale Boardwalk casinos that may have as few as 200 hotel rooms. Since only one application was received by Friday’s deadline, the commission is free to solicit new expressions of interest at a later date for the second project.

So, the deadline has passed for the first phase of building a mini casino project, but the Casino Control Commission can now take applications for a next phase? I can't imagine anyone wanting to spend money to test the waters of a new Atlantic City hotel and/or casino until the market turns around. If someone is feeling positive there are existing casinos that will likely be on the market (See ACH aka Atlantic City Hilton) and probably cost less to redevelop.

Great reference on the bad economics of building a mini casino on Die Is Cast.

 Atlantic City Hard Rock Casino

 

 

 

Topics: Atlantic City

Blogger who likes tech, steak, sports, Vegas, casinos, marketing, gambling and coffee. Check for casino and gambling news & strategy + stuff about me.

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