North nj-new Jersey casino expansion: State Senate President Steve Sweeney wants residents to vote in the problem in 2016 november.
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North nj wants to provide Atlantic City a run for the money. And brand New Jerseyans may get the right yet to vote for casino expansion beyond the Boardwalk.
State Senate President Steve Sweeney has reintroduced legislation calling for a referendum on whether two new gambling enterprises should be built in the part that is north of state, throughout the water from brand New York City, breaking AC’s longstanding monopoly.
The bill proposes that a vote that is state-wide the issue take destination in November 2016.
The question of North Jersey casino expansion was muted before. Atlantic City has experienced from the legalization of casino gaming within abutting states, and increased competition was a major factor in four Atlantic City casino closures within the last two years.
Pennsylvania legalized casino gaming in 2007, and recently overtook its neighbor in gaming revenue. Meanwhile, New York State and Massachusetts have actually both opted to license their casinos that are first the emergence of these new areas will undoubtedly damage the New Jersey market.
Strategic Importance
But North Jersey’s proximity to Manhattan while the New York greater area that is metropolitan it a strategically advantageous location for casinos, which Sweeney believes would lure droves of gamblers acr Continue reading