ATLANTIC CITY, N.J. (AP) — The president of the Seminole Indians’ Hard Rock franchise says the company would consider buying Atlantic City’s Revel Casino if the price was right.
Revel is seeking a buyer or a partner for a joint venture.
Florida-based Hard Rock has been a long-rumored suitor for Revel; the company made preliminary inquiries earlier this year to New Jersey casino regulators about what license it would need if it pursued Revel.
Speaking Tuesday at a regional gambling conference in Atlantic City, Hard Rock president James Allen confirmed the company has looked into Revel.
He says the casino needs a lot of work, but adds “if the economics were right, then we would be interested.”
Allen wouldn’t say what he considered a fair price for the casino, which cost $2.4 billion to build.