815 Entertainment is set to buy out the Castrogiovanni family and take over their building after the Illinois Gaming Board denied them a Hard Rock Casino supplier’s license. State representatives say this comes as a shock since the family has strongly supported the casino coming to Rockford.
The family was included in the list of investors for the casino proposal, however they are no longer listed after the license was denied. This decision triggers a clause in agreements, allowing 815 Entertainment to acquire the Giovanni’s building, and the family’s share in the company. Gaming board administrator Marcus Fruchter spoke with the Rockford Register Star. He says the suggestion to reject the license is based on conduct, and circumstances that might jeopardize the integrity of gaming.
