Hearing on New Jersey Casino Expansion to Be Held on 7 january

Hearing on New Jersey Casino Expansion to Be Held on 7 january

A New Jersey Assembly committee will hold a hearing that is public among the two proposed bills for casino expansion outside Atlantic City on January 7. The hearing will occur in Trenton and attendees will talk about whether starting two casinos in North Jersey will be best for their state.

Previously 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 happened on December 21. If authorized, the proposed legislation would need the two new gambling enterprises to be handled by an New Jersey gambling that is existing operator. By contrast, the Assembly-sponsored bill would require only 1 of this two gambling enterprises to be owned by the Atlantic City casino business.

Commenting in the two proposals, Assembly Speaker Vincent Prieto said that both houses for the Legislature never have agreed upon what type of this two could be placed before voters at the November 2016 referendum. Mr. Prieto also pointed out that the Assembly-sponsored bill has not been changed since a week ago, when an amended variation ended up being presented.

It is critical to keep in mind that both bills demand tax income from the two brand new gambling enterprises to be delivered to Atlantic City in a bid to improve its struggling economy and compensate for the future competition that is in-state. But, the two proposals differ how much precisely the city would get and exactly how much would be contributed to many other statewide factors. Continue reading “Hearing on New Jersey Casino Expansion to Be Held on 7 january”