North Nj-new Jersey Casino Expansion Back on State’s Agenda

North Nj-new Jersey Casino Expansion Back on State’s Agenda

North nj-new Jersey casino expansion: State Senate President Steve Sweeney wants residents to vote regarding the issue in November 2016.

North nj wants to give Atlantic City a run because of its money. And New Jerseyans may get the right yet to vote for casino expansion beyond the Boardwalk.

State Senate President Steve Sweeney has reintroduced legislation calling for a referendum on whether two new gambling enterprises should be built in the part that is north of state, over the water from New York City, breaking AC’s longstanding monopoly.

The bill proposes that a state-wide vote on the issue just take destination in November 2016.

The question of North Jersey casino expansion is muted before. Atlantic City has suffered from the legalization of casino gaming within abutting states, and increased competition had been a major factor in four Atlantic City casino closures within the last two years.

Pennsylvania legalized casino gaming in 2007, and recently overtook its neighbor in gaming revenue. Meanwhile, New York State and Massachusetts have both opted to license their casinos that are first the emergence of the new areas will definitely damage the New Jersey market.

Strategic Importance

But North Jersey’s proximity to Manhattan as well as the New York greater metropolitan area makes it a strategically beneficial location for casinos, which Sweeney believes would lure droves of gamblers across the Hudson.

‘The […]