The Meadowlands Sports Complex has long attracted fans from New York, and a casino is hoped by some lawmakers here could perform some same. (Image: Wikimedia Commons)
Since brand New Jersey first legalized casino gambling in 1976, it has been recognized that casinos were only meant for Atlantic City into the Garden casino royal las vegas State. That made sense, at least at that time: the resort town had dropped out of favor with tourists, and gambling was viewed as a method to bring cash back in the economy that is local. But with increasing competition from Pennsylvania and the specter of New York casinos on the horizon, some in their state now want to construct a casino in a location that could compete with venues directly in neighboring states.
The theory of putting a casino into the Meadowlands located just outside of the latest York City was floated week that is again last the East Coast Gaming Congress in Atlantic City, attracting support in addition to concern from those in attendance.
‘A casino in north Jersey, to be taxed at 50 or 60 per cent, we could do a billion dollars in that location,’ said Assemblyman Ralph Caputo, a Democrat. ‘we have become fighting for those clients. That is what Pennsylvania is doing. That’s exactly what ny wants to do.’
Beating New York to the Market
Caputo’s idea is always to get a casino built within the Meadowlands before one is created in ny City. The first few licenses are only available Continue reading Meadowlands Casino Debated at East Coast Gaming Congress