The Meadowlands Sports Complex has long attracted fans from New York, and a casino is hoped by some lawmakers there could perform some same. (Image: Wikimedia Commons)
Since brand New Jersey first legalized casino gambling in 1976, it was grasped that casinos were only meant for Atlantic City in the Garden State. That made sense, at least during the time: the resort city had dropped out of favor with tourists, and gambling was seen as a solution to bring money back to the economy that is local. But with increasing competition from Pennsylvania as well as the specter of New York gambling enterprises in the horizon, some in their state now want to construct a casino in a location that could compete with venues directly in neighboring states.
The idea of placing a casino into the Meadowlands located just outside of New York City was floated once more last week at the East Coast Gaming Congress in Atlantic City, attracting support in addition to concern from those in attendance.
‘A casino in north Jersey, to be taxed at 50 or 60 percent, we could do a billion dollars in that location,’ stated Assemblyman Ralph Caputo, a Democrat. ‘we have become fighting for those customers. That is what Pennsylvania is doing. That’s just what New York wants to accomplish.’
Beating New York to the Market
Caputo’s idea would be to get a casino built into the Meadowlands before one is made in New York City. The first few licenses Continue reading Meadowlands Casino Debated at East Coast Gaming Congress