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Hearing on New Jersey Casino Expansion to Be Held on January 7

A brand new Jersey Assembly committee will hold a hearing that is public one of the two proposed bills for casino expansion outside Atlantic City on January 7. The hearing will occur in Trenton and attendees will discuss whether starting two gambling enterprises in North Jersey is best for hawaii.

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 occurred on December 21. If approved, the proposed legislation would need the two brand new gambling enterprises become managed by an existing New Jersey gambling operator. By contrast, the bill that is assembly-sponsored need only 1 for the two casinos become owned by an Atlantic City casino company.

Commenting in the two proposals, Assembly Speaker Vincent Prieto said that both homes associated with Legislature haven't agreed upon which one of this two would be placed before voters during the November 2016 referendum. Mr. Prieto also pointed out that the Assembly-sponsored bill has perhaps not been changed since last week, whenever an amended variation was presented.

You will need to observe that both bills call for taxation revenue through the two brand new gambling enterprises to be provided for Atlantic City in a bid to boost its struggling economy and compensate for future years competition that is in-state. But, the 2 proposals differ on how much precisely the city would get and exactly how much will be contributed to several other causes that are statewide.