It’s Sink Or Swim for Atlantic City with Casino Proposals
The Atlantic City gambling scene has been struck pretty difficult in the past few years with employees fighting for better pay and lawmakers taking aim at the casinos. As well as with words like ‘bankruptcy’ being thrown around frequently, which hasn’t scared down newcomers. The latest rumors circulating is that two more gambling enterprises are scheduled to move up in New Jersey but opponents are now being vocal, suggesting that those casinos could sink the whole industry in Atlantic City.
The other day, a panel during the East Coast Gaming Congress and iGaming Institute talked on a proposal for just two brand new casinos being rising in northern nj, near to New York City. The offer would involve the brand new casinos giving $200 million to Atlantic City ( for a time period), that they poorly require. It could be the shot within the arm they should save yourself this classic gambling destination. Nevertheless, those that oppose the brand new casinos reply that they could have a undesirable effect on the present casinos and that three to five regarding the eight being in Atlantic City could shut if these new people open. All things considered, Atlantic City is a destination however, if there are other – possibly better – casinos in the neighborhood that will remove business.
There are no areas set in stone for these new casinos, but the apparent choice is at the Meadowlands Racetrack. This track is in East Rutherford and is referred to as home for the gambling and New York Jets associated with the NFL, while the initial estimate is that a casino/resort combination at that location will surely cost $5 billion. Continue reading “It’s Sink Or Swim for Atlantic City with Casino Proposals”