Hearing on New Jersey Casino Expansion to Be Held on January 7
A New 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 shall take place in Trenton and attendees will talk about whether opening two gambling enterprises in North Jersey would be great for their state.
Earlier this 12 months, the latest Jersey Legislature had been presented with two proposals, calling for expansion of casino gambling outside Atlantic City. A hearing in the Senate-sponsored bill happened on 21 december. If approved, the proposed legislation would need the two new gambling enterprises to be managed by an 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 an Atlantic City casino business.
Commenting in the two proposals, Assembly Speaker Vincent Prieto said that both homes of the Legislature never have agreed on which one of this two would be placed before voters during the November 2016 referendum. Mr. Prieto additionally pointed out that the bill that is assembly-sponsored maybe not been changed since last week, whenever an amended variation was presented.
It’s important to observe that both bills demand income tax revenue from the two new gambling enterprises become provided for Atlantic City in a bid to boost its struggling economy and compensate for future years in-state competition. Continue reading →