One year in, Gary’s newest casino the state’s top earner, eyes hotel, parking improvements
The Hard Rock Live entertainment venue kicked off in November. The five casino restaurants are thriving. Gary Mayor Jerome Prince says the casino has increased real estate taxes. The city receives a guaranteed $6.1 million based on 1.5% of the adjusted gross earnings at the Hard Rink. Any revenues generated above the guaranteed minimum are placed in a casino lakefront development account. There are new economic development opportunities in Buffington Harbor with the two former Majestic riverboat casinos sold and gone. It is hoped to see additional investments. for the adjacent properties.
Gary's newest casino is the state's top earner.