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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 one of many two proposed bills for casino expansion outside Atlantic City on January 7. The hearing will occur in Trenton and attendees will discuss whether starting two gambling enterprises in North Jersey will be great for the state.

Previously 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 happened on December 21. If approved, the proposed legislation would require the 2 new gambling enterprises become managed by the New Jersey gambling that is existing operator. By contrast, the bill that is assembly-sponsored need only 1 associated with two gambling enterprises become owned by the Atlantic City casino business.

Commenting on the two proposals, Assembly Speaker Vincent Prieto said that both houses for the Legislature haven’t agreed upon which one of the two could be put before voters at the November 2016 referendum. Mr. Prieto also remarked that the Assembly-sponsored bill has maybe not been changed since a week ago, whenever an amended version was presented.

It is important to keep in mind that both bills necessitate tax income from the two brand new casinos to be sent to Atlantic City in a bid to boost its struggling economy and compensate for future years in-state competition. But, the two proposals differ how much exactly the town would receive and exactly how much could be contributed to various other statewide factors. Continue reading Hearing on brand New Jersey Casino Expansion to Be Held on January 7