It’s Sink Or Swim for Atlantic City with Casino Proposals
The Atlantic City gambling scene has been hit pretty difficult in the last few years with workers fighting for better pay and lawmakers aim that is taking the casinos. As well as with words like ‘bankruptcy’ being thrown around frequently, who hasn’t scared off newcomers. The latest rumors circulating is that two more casinos are scheduled to move up in New Jersey but opponents are being vocal, suggesting that those casinos could sink the industry that is entire Atlantic City.
Last week, a panel during the East Coast Gaming Congress and iGaming Institute talked on a proposition for just two brand new casinos that are rising in north nj, close to New York City. The deal would involve the casinos that are new $200 million to Atlantic City ( for a time period), that they badly require. Maybe it’s the shot in the arm they need to save yourself this gambling destination that is classic. Nevertheless, people who oppose the new casinos reply which they may have an effect that is adverse the present casinos and that three to five associated with eight which are in Atlantic City could shut if these brand new ones open. Most likely, Atlantic City is a location however, if there are other – perhaps better – casinos within the neighbor hood which will remove business.
There are not any places set in stone for these new gambling enterprises, nevertheless the apparent choice is at the Meadowlands Racetrack. This track is in East Rutherford and is referred to as home of the gambling and brand New York Jets for the NFL, while the preliminary estimate is that a casino/resort combination at that location will surely cost $5 billion.