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

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 the two proposed bills for casino expansion outside Atlantic City on January 7. The hearing shall occur in Trenton and attendees will talk about whether starting two gambling enterprises in North Jersey will be best for the state.

Earlier in the day this 12 months, the newest Jersey Legislature had been given two proposals, calling for expansion of casino gambling outside Atlantic City. A hearing on the Senate-sponsored bill happened on December 21. If authorized, the proposed legislation would require the 2 new gambling enterprises to be managed by the current nj-new jersey gambling operator. In comparison, the Assembly-sponsored bill would require just one regarding the two gambling enterprises to be owned by an Atlantic City casino company.

Commenting regarding the two proposals, Assembly Speaker Vincent Prieto stated that both houses for the Legislature never have agreed upon what type of the two is placed before voters at the 2016 referendum november. Mr. Prieto also noticed that the bill that is assembly-sponsored maybe not been changed since a week ago, whenever an amended variation ended up being presented.

It is critical to observe that both bills demand income tax revenue through the two brand new gambling enterprises to be provided for Atlantic City in a bid to boost its struggling economy and compensate for the future competition that is in-state.READ MORE