share
September 13, 2012

Hard Rock International has decided against building a new casino hotel in Atlantic City, according press reports. "Hard Rock International has decided not to move forward with an application for a potential hotel-casino development in Atlantic City, due to current market conditions," the company said in a statement released yesterday. "We have been evaluating Atlantic City as a prospective location for a hotel-casino development and have not eliminated this location for a future endeavor." Plans for the 850-room Hard Rock International casino-hotel already had been pushed back six months at the request of the developer; Wednesday was the deadline for Hard Rock's partners to pay a $1 million state application fee and submit construction details for the project. The property had been approved as part of a program that allows the development of smaller-scale casinos on the Boardwalk.