The city of Rockford has recommended Hard Rock International’s casino proposal to the Illinois Gaming Board. Mayor Tom McNamara after reviewing the casino proposals tendered by Forest City Casino, Hard Rock International, and Rock River West Casino Group decided along with city officials to forward Hard Rock’s casino proposal.
What gave Hard Rock an edge and melted the city officials in favor of the gambling operator is the promise of a $7-million minimum payment in gaming taxes to Rockford authorities, which Hard Rock made clearly in its proposal.
Mayor McNamara explained that the proposal included minimum gambling tax guarantees which were both realistic and sustainable, and the company further agreed to pay some additional tax that would help the city to offset a casino’s impact on local communities.
Moreover, Hard Rock has confirmed that it could start operations within 90 days of getting a casino license.
According to the city officials, Hard Rock International with its proposal was the most beneficial for the city, or so it appears to them.
Earlier in July, Jim Allen, CEO, Hard Rock International, and Cheap Trick guitarist Rick Nielsen announced their plans for a Hard Rock Casino in Rockford, Illinois.
Allen said that the gambling establishment would create 1,000 jobs for local contractors and approximately 1,200 full-time jobs.
Once approved, the casino would be ready for guests in 12 to 14 months. Hard Rock operates gambling venues in 74 countries across the globe.