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Atlantic City Economy, Casino Gaming

What will the State Do with Atlantic City?

Will the State of New Jersey advocate a total or partial takeover of Atlantic City?

Juliet Fletcher of The Press of Atlantic City reports in “New Jersey gaming, sports advisory committee gets extension to file report” that

The Governor’s Office has extended the deadline of a group of advisers putting together recommendations to boost the state’s gaming and sports interests.

[…]

The committee was expected to deliver a much-anticipated report Wednesday on ways the state could maximize revenues from its licensed casinos, racetracks and state-owned entertainment venues, all of which have seen declines in overall profits and revenue they provide the state.

[…]

Atlantic City is now in its fourth straight year of declining revenue and is facing even greater competitive pressures because of new table games at the Delaware and Pennsylvania casinos.

It is suspected that the commission’s report will serve as a pretense for the State to allow gaming in other portions of New Jersey, or even stage a partial of full takeover of the government in Atlantic City.

Governor Chris Christie made the remark during an interview on the Don Williams Show that he would not allow an “incompetent” local government to further cripple the economic engine of South Jersey.

Roger Gros of Casino Connection Magazine has illustrated that the members of the Governor’s commission mostly favor the racetrack industry interests, rather than maintaining the Atlantic City monopoly.

What do you think?   Is the State going to permit casino gaming outside of Atlantic City?   Will the state takeover all or some of Atlantic City’s government?

Let us know by leaving a comment below.

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About Jesse O. Kurtz

I am committed to fulfilling the promise of Atlantic City. The town would benefit from greater political participation by average citizens. Hopefully, some of the posts herein will encourage you to get more involved in your community. This blog will also feature other topics and subjects beyond Atlantic City. I hope that you will come to love Atlantic City as much, or more than I do.

Discussion

One thought on “What will the State Do with Atlantic City?

  1. I think there is no question that this commission will recommend racetrack gaming or at the very least gaming at the Meadowlands. There’s a development there called Xanadu that was built with a casino in mind, just across the river from midtown Manhattan. If this happens without the participation of AC casinos, you can kiss AC goodbye

    Posted by dave202 | July 4, 2010, 9:08 pm

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