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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 fresh Jersey Assembly committee will hold a public hearing on 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 would be great for hawaii.

Early 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 regarding the Senate-sponsored bill took place on 21 december. If authorized, the proposed legislation would require the 2 new gambling enterprises become managed by an current New Jersey gambling operator. By comparison, the bill that is assembly-sponsored require just one of the two casinos become owned by the Atlantic City casino business.

Commenting in the two proposals, Assembly Speaker Vincent Prieto stated that both homes regarding the Legislature haven’t agreed upon which one of the two is placed before voters at the November 2016 referendum. Mr. Prieto also noticed that the Assembly-sponsored bill has not been changed since a week ago, when an amended version was presented.

It is important to note that both bills call for tax revenue from the two brand new gambling enterprises become sent to Atlantic City in a bid to improve its struggling economy and compensate for the future in-state competition. Nevertheless, the two proposals vary on how much exactly the city would receive and how much could be added to some other statewide causes. Read more