Caesars intends to close the Showboat in Atlantic City on August 31; three other brand New Jersey casinos will also be shutdowns that are facing. (Image: Atlantic-City-Guidebook.com)
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With four Atlantic City casinos possibly closing this many in the city as well as greater New Jersey are understandably shocked year. Keeping those casinos open just a longer that is little help soften the blow a bit by giving workers and officials more time for you to policy for the future. But while that could be nice, state officials say they can’t force those casinos to remain in operation if the properties want to turn off.
New Jersey state casino regulators have said they cannot force two casino owners to keep open for an extra four months while they wait to see if new buyers can be found. The two casinos, the Showboat and Trump Plaza, are both anticipated to shut this summer.
Private Business Decision
Final thirty days, State Senator James Whelan, along with Assemblymen Vince Mazzeo and Chris Brown, had asked the New Jersey Casino Control Commission (NJCCC) to force both of those casinos to stay open for many months past their intended closing dates. Nonetheless, NJCCC Chairman Matthew Levinson had written right back earlier this month to state that determining a closing date is a decision that belongs to those companies alone, and sits far beyond the commission’s authority.
‘ The commission simply does not have the authority to Continue reading