The new Gary casino is expected to have a Hard Rock International theme when it opens in the coming years. Spectacle Entertainment and Hard Rock International have signed a joint agreement to have the theme and attitude to the land-based gambling house. The Gary Casino is set to open at Burr Street adjacent to the Borman Expressway. Hard Rock International Chairman and CEO, Jim Allen, told the media that Hard Rock was excited to partner with Spectacle Entertainment to develop the first land-based casino in Gary. He believes that the world-class brand of entertainment to Northwest Indiana and the larger Chicago area.
The agreement has stipulated that Hard Rock will manage the Gary casino on behalf of Spectacle Entertainment. The project was estimated to cost approximately $300 million. However, the cost has grown to $400 million because of additions. The gambling house is going to include a few restaurants and bars. This consists of a Hard Rock Café and a Hard Rock Live concert venue.
New Gary Casino to Create Temporary Jobs
The CEO and chairman of Spectacle Entertainment, Rod Ratcliff, told the media that the $400 million investment would help economic revitalization in Northwest Indiana. Ratcliff further said the press that the project is expected to create 1,000 temporary jobs for Northwest Indiana residents. The new Gary casino will also create a further 2,000 permanent jobs.
This means that the new casino will employ than double workers than the Majestic Star casino boats, which currently employs 800 employees. This is the casino that Spectacle acquired in March.
New State laws allow for rigorous competition
The Hoosier lawmakers allowed the Majestic Star casino to relocate as part of the tax and law alterations. The authorization was said to encourage Northwest Indiana casinos to be more competitive with neighbouring states like Illinois.
The law also allows the new Gary casino to have up to 2,764 gaming positions. This means that it will have the same capacity as the Hammond’s Horseshoe Casino.
