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

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

A brand 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 take place in Trenton and attendees will talk about whether opening two casinos in North Jersey will be best for their state.

Earlier in the day this year, the latest Jersey Legislature ended up being given two proposals, calling for expansion of casino gambling outside Atlantic City. A hearing regarding the Senate-sponsored bill took place on December 21. If approved, the proposed legislation would need the 2 brand new casinos become handled by the existing nj gambling operator. In comparison, the bill that is assembly-sponsored need just one of this two casinos become owned by an Atlantic City casino company.

Commenting on the two proposals, Assembly Speaker Vincent Prieto said that both houses for the Legislature never have decided on which one of this two would be put before voters at the November 2016 referendum. Mr. Prieto also remarked that the Assembly-sponsored bill has perhaps not been changed since the other day, whenever an amended version was presented.

You should observe that both bills demand taxation revenue through the two new casinos to be sent to Atlantic City in a bid to boost its struggling economy and compensate for future years in-state competition. However, the two proposals differ how much precisely the city would receive and exactly how much will be added to various other statewide reasons. Continue reading “Hearing on brand New Jersey Casino Expansion to Be Held on January 7”