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

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

A brand new Jersey Assembly committee will hold a public hearing on among the two proposed bills for casino expansion outside Atlantic City on January 7. The hearing will occur in Trenton and attendees will talk about whether starting two casinos in North Jersey could be advantageous to their state.

Earlier in the day this the New Jersey Legislature was presented with two proposals, calling for expansion of casino gambling outside Atlantic City year. A hearing on the Senate-sponsored bill took place on December 21. If authorized, the proposed legislation would need the two brand new casinos to be handled by an New Jersey gambling that is existing operator. By contrast, the bill that is assembly-sponsored need just one for the two casinos become owned by the Atlantic City casino company.

Commenting in the two proposals, Assembly Speaker Vincent Prieto stated that both homes for the Legislature have not agreed upon what type of this two is put before voters at the 2016 referendum november. Mr. Prieto additionally remarked that the bill that is assembly-sponsored perhaps not been changed since the other day, when an amended version had been presented.

It is vital to observe that both bills call for tax income from the two brand new casinos become provided for Atlantic City in a bid to improve its struggling economy and compensate for future years in-state competition. Nonetheless, the 2 proposals differ on how much exactly the town would receive and how much would be added to many other statewide factors. Read more