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 […]
Akos December 14, 2015 17:43:54
After the referendum on the New Jersey casino expansion, 2016 might see the biggest gambling-related change within the state. New Jersey legislators proposed a constitutional amendment that would call for a referendum, allowing residents to decide on the casino expansion in the state. The vote, concerning two North Jersey casino proposals, is scheduled for November, […]
Phyllis F. January 2, 2015 09:14:13
In a bid to protect Atlantic City from bankruptcy, legislators to introduce PILOT bill, come 2015. After experiencing its worse year in its 36-year history of casino gambling in Atlantic City, state officials are considering numerous tax and financial aid packages to heal the broken city. Steve Sweeney, president of the New Jersey Senate, is […]
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