Hearing on brand New Jersey Casino Expansion to Be Held on January 7
A New Jersey Assembly committee will hold a general public hearing on among 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 casinos in North Jersey will be good for their state.
Previously 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 need the 2 new casinos to be handled by the existing New Jersey gambling operator. By comparison, the Assembly-sponsored bill would need just one regarding the two casinos become owned by an Atlantic City casino business.
Commenting in the two proposals, Assembly Speaker Vincent Prieto said that both houses for the Legislature have not agreed upon which one of this two will be placed before voters at the November 2016 referendum. Mr. Prieto additionally pointed out that the Assembly-sponsored bill has perhaps not been changed since the other day, when an amended variation ended up being presented.
It is important to note that both bills demand tax income through the two brand new gambling enterprises become provided for Atlantic City in a bid to improve its struggling economy and compensate for future years competition that is in-state. Nevertheless, the two proposals differ on how much exactly the city would receive and how much could be contributed to many other statewide factors.