Despite the huge success of Gary Hotel in Indiana, it will not join the Hard Rock Casino Northern Indiana Real Estate Group. Expansion plans were put on hold because Hard Rock International did not approve the hotel’s construction.
Jon Lucas, chief operating officer of Hard Rock International, spoke with the Indiana Gaming Commission. He said that despite the hotel’s excellent operation over the past 19 months, now is not the right time to start construction on other hotels.
Lucas reiterated that state gaming company Hard Rock is still interested in collaborating with Gary Hotel, but plans to host a hotel in Steel City. They are already buying land near where the hotel will be built to replace parking spaces that will be replaced by hotels in the future. 슬롯머신
The reason why the construction has been postponed, as Lucas said, is that the capital market is quite tight and the construction itself is very expensive, making it impossible to do it at the moment.
This is not the only place where construction and renovation are delayed due to construction costs. Something similar happens with the Wind Creek Chicago Southland Casino and hotels under construction. The building is located six miles west, near the Indiana – Illinois border in East Hazel Crest.