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

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

A brand new Jersey Assembly committee will hold a hearing that is public one of the two proposed bills for casino expansion outside Atlantic City on January 7. The hearing will take place in Trenton and attendees will discuss whether opening two casinos in North Jersey is beneficial to hawaii.

Earlier this year, this new Jersey Legislature was given two proposals, calling for expansion of casino gambling outside Atlantic City. A hearing on the Senate-sponsored bill happened on 21 december. If approved, the proposed legislation would need the 2 new gambling enterprises to be managed by the existing New Jersey gambling operator. By comparison, the bill that is assembly-sponsored require only one associated with two gambling enterprises to be owned by an Atlantic City casino business.

Commenting in the two proposals, Assembly Speaker Vincent Prieto stated that both homes of the Legislature haven’t agreed on what type of this two will be put before voters at the November 2016 referendum. Mr. Prieto additionally noticed that the Assembly-sponsored bill has perhaps not been changed since a week ago, when an amended version had been presented.

It is critical to observe that both bills demand tax income from the two brand new gambling enterprises become delivered to Atlantic City in a bid to improve its struggling economy and compensate for future years competition that is in-state. Nonetheless, the two proposals vary on how much exactly the town would get and how much will be added to other causes that are statewide. Continue reading “Hearing on New Jersey Casino Expansion to Be Held on January 7”