Articles About state takeover

This is the ultimate source about state takeover. See the latest articles prepared by experts. GamingZion is an extensive source about state takeover. If you cannot find what you are looking for, contact us. We'll be happy to helpy you.

Lawyers are Hoping to Control Atlantic City’s Debt

Kevin Oldroyd July 5, 2016 10:54:22

Authorities have hired a group of financial lawyers in an effort to restructure Atlantic City’s debt problem. It’s no secret that Atlantic City has been struggling with debt for years. Casino openings in a number of nearby states have been devastating to the city’s economy. Four of Atlantic City’s 12 casinos were shut down in […]

Government to Intervene in Atlantic City’s Decline

Akos January 29, 2016 16:42:49

Political leaders announced a five-year compact to reverse Atlantic City’s decline and avoid the city’s possible bankruptcy. $240 million in debt and $160 million in tax appeals are just two signs of Atlantic City’s decline. In order to avoid bankruptcy, New Jersey Gov. Chris Christine has expressed his support of a five-year compact. Under the […]