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 fresh Jersey Assembly committee will hold a general public hearing on one of 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 gambling enterprises in North Jersey is beneficial to the 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 in the Senate-sponsored bill took place on December 21. If approved, the proposed legislation would need the two new casinos to be handled by an existing New Jersey gambling operator. In comparison, the bill that is assembly-sponsored require only one for the two gambling enterprises to be owned by an Atlantic City casino business.

Commenting in the two proposals, Assembly Speaker Vincent Prieto stated that both houses associated with the Legislature haven’t agreed upon which one of this two could be put before voters during the 2016 referendum november. Mr. Prieto additionally noticed that the bill that is assembly-sponsored maybe not been changed since last week, when an amended version was presented.

It is important to observe that both bills demand taxation revenue through the two new gambling enterprises become sent to Atlantic City in a bid to boost its struggling economy and compensate for the future in-state competition. Nevertheless, the two proposals differ how much precisely the town would receive and how much could be added to some other causes that are statewide. Continue Reading