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Hearing on brand New Jersey Casino Expansion to Be Held on January 7

Friday, January 17th, 2020

Hearing on brand New Jersey Casino Expansion to Be Held on January 7

A fresh Jersey Assembly committee will hold a public hearing on one of many two proposed bills for casino expansion outside Atlantic City on January 7. The hearing will happen in Trenton and attendees will talk about whether opening two casinos in North Jersey will be best for their state.

Earlier this the New Jersey Legislature was presented with two proposals, calling for expansion of casino gambling outside Atlantic City year. A hearing on the Senate-sponsored bill occurred on December 21. If approved, the proposed legislation would require the two brand new casinos to be managed by the New Jersey gambling that is existing operator. By comparison, the bill that is assembly-sponsored need only one regarding the two gambling enterprises become owned by the Atlantic City casino business.

Commenting regarding the two proposals, Assembly Speaker Vincent Prieto stated that both homes associated with Legislature never have agreed upon which one of the two is put before voters at the November 2016 referendum. Mr. Prieto also remarked that the bill that is assembly-sponsored maybe not been changed since the other day, when an amended variation was presented.

It is vital to observe that both bills call for tax income from the two brand new casinos become provided for Atlantic City in a bid to boost its struggling economy and compensate for the future in-state competition. However, the 2 proposals vary how much exactly the town would receive and exactly how much could be contributed to various other statewide causes. [more…]