Press release 📈 Stocks 🌍 United States

Hard Rock Initiates $725 Million Expansion for Tejon Casino Property

Hard Rock International launches a $725 million expansion at its Tejon casino, adding a 406-room hotel and new amenities to drive long-term growth in Kern County by 2028.

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🗓️ Long-term 🌍 US · Explicit

Hard Rock International is significantly expanding its footprint in Kern County, California, with a $725 million investment into the Hard Rock Casino Tejon. This project, scheduled for completion in Summer 2028, will transform the existing facility into a comprehensive resort destination, adding a 406-room hotel, expanded gaming floor, and luxury amenities to drive long-term revenue growth.

Catalysts
  • ▲ Groundbreaking of a $725 million expansion project
  • ▲ Addition of a 406-room hotel and resort amenities
Risk Factors
  • ▼ Construction delays pushing the Summer 2028 completion date
  • ▼ Regulatory or permitting hurdles in Kern County
▼ Show FAQ (2) ▲ Hide FAQ
When is the expansion expected to be completed?

The project is scheduled for completion in Summer 2028.

What new amenities will be added to the Hard Rock Casino Tejon?

The expansion will include a 406-room hotel, new gaming space, dining options, and a spa.

🎯 Key Takeaways

  • The $725 million capital investment aims to significantly increase the resort's footprint in the US market.
  • Project completion is slated for summer 2028, with the expansion expected to create over 350 new jobs.
  • New amenities include a 406-room hotel, expanded gaming floor, dining options, and a full-service spa.

📝 Executive Summary

Hard Rock International has broken ground on a $725 million expansion project for its Tejon casino property in Mettler, California. The development, scheduled for completion in summer 2028, will add a 406-room hotel, expanded gaming facilities, and new resort amenities to the site.

❓ FAQ

What is the scope of the Hard Rock Tejon expansion?

The project involves a $725 million investment to add a 406-room hotel, new gaming areas, dining venues, and spa facilities to the existing property.

When is the expansion expected to be completed?

The project is scheduled for completion in the summer of 2028.