The president of the Seminole Indians' Hard Rock franchise says the company would consider buying Atlantic City's Revel Casino if the price was right.

Governor's Office, Tim Larsen

Revel is seeking a buyer or a partner for a joint venture.

Florida-based Hard Rock has been a long-rumored suitor for Revel; the company made preliminary inquiries earlier this year to New Jersey casino regulators about what license it would need if it pursued Revel.

Speaking Tuesday at a regional gambling conference in Atlantic City, Hard Rock president James Allen confirmed the company has looked into Revel.

He says the casino needs a lot of work, but adds "if the economics were right, then we would be interested."

Allen wouldn't say what he considered a fair price for the casino, which cost $2.4 billion to build.

 

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)