Is Hard Rock building a guitar hotel off the Las Vegas Strip?
Las Vegas, especially the Las Vegas Strip, offers a seemingly endless selection of iconic properties. You have the kitsch of the famous “Welcome to Las Vegas” sign, paired with the grandeur of properties like Caesars Entertainment. (CZR) – Get the report from Caesars Entertainment Inc. Caesars Palace and MGM’s Luxor, with its striking pyramid design, and Mandalay Bay, which offers a striking face.
The Las Vegas Strip features a version of the Eiffel Tower, its own Statue of Liberty, a Ferris wheel and the impressive Bellagio fountains. These iconic casinos and attractions will soon be joined by Hard Rock International’s second iteration of its Guitar Hotel. Modeled after the company’s original location in the Fort Lauderdale, Florida area, the new version of the Guitar Hotel will be built on part of the site that currently houses The Mirage.
Now, however, Hard Rock International president Jim Allen has told The Associated Press that his company has big plans for a casino in a huge market that isn’t Las Vegas.
Hard Rock starts broadcasting the news
While casinos were once largely restricted to Las Vegas and Atlantic City, changing laws have resulted in a massive increase in venues offering Las Vegas-style casinos. Now New York will join that list, and Hard Rock, which opened a $500 million hotel in Manhattan in April, also hopes to bring a casino to the “city that never sleeps,” if it can secure a license to do so. do it. .
Allen told the AP that his company has three different potential sites lined up in New York, though he didn’t name them.
“You need to have a large enough real estate footprint to take advantage of the size of the market,” he said. “We’re extremely proud of our hotel on 48th Street, but its footprint just isn’t big enough for the games. As for the other locations, we are really waiting for the governor and the committee that is going to send out the request for proposals to see what language is in the bill as to what geographic locations would be acceptable to the state.
Allen did not say that Hard Rock planned to build a casino using his company’s Guitar Hotel design.
The battle to bring a casino to New York
The New York State Gaming Commission plans to offer three more licenses to operate casinos in the state. These licenses will not be specifically for New York casinos. One could go to the Empire City Casino in Yonkers, a racetrack that offers electronic gambling but is not allowed to offer traditional table games.
MGM owns Yonkers Casino and has been pushing for a full license for many years,
Resorts World International has a casino-like property in Queens and also hopes to win one of three new licenses, Lohud.com reported.
“We look forward to continuing to work with our partners at the Gaming Commission during this process, and, should we be granted a full casino license, we are in a unique position to provide strong support in New York immediately.” , said Resorts World, which also owns Resorts World. Catskills in Sullivan County, said in a statement.
EU Resorts International, Inc.; Las Vegas Sands (LVS) – Get the report from Las Vegas Sands Corp.Wynn Resorts (WYNN) – Get Wynn Resorts, Limited ReportRush Street Gaming, Hard Rock International, Bally’s Corporation (BALY) – Get Bally’s Corporate Reportand the Water Club of Manhattan have also submitted proposals, according to the news site.