Hard Rock International has sold its 50% stake in a potential casino at the Meadowlands Racetrack to the track’s owner, Jeff Gural, who says he’s confident voters will allow it to be built if he can devise a way to help Atlantic City using some of the casino’s revenue.
Gural’s company, New Meadowlands Racing, bought out Hard Rock’s interest about two weeks ago in a proposed casino at the track, which the two parties first proposed in 2015.
Gural would not divulge the price.
Hard Rock and Gural came up with the Meadowlands casino plan in 2015, a year before the question of allowing casinos outside Atlantic City was put to voters, who rejected it by an 80% to 20% margin.
