Brand New Jersey Casino Expansion Losing Support Among Garden State Voters, Atlantic City Sues State

 Brand New Jersey Casino Expansion Losing Support Among Garden State Voters, Atlantic City Sues State

Governor Chris Christie supports a fresh Jersey casino expansion referendum, but it’s not popular with voters who can have the say that is final November.

Nj-new jersey casino expansion has the backing of numerous key state lawmakers including Governor Chris Christie (R), but unless the majority of Garden State residents support bringing casinos north, Atlantic City will preserve its gambling monopoly.

A recent poll conducted by the Rutgers-Eagleton Institute of Politics found that just 44 percent of voters believe that gambling enterprises ought to be permitted in jurisdictions outside of Atlantic City, while 49 percent think gambling should remain on a the southeastern beachfront metropolis.

That is a stark contrast to earlier polling that suggested brand New Jerseyans preferred ending Atlantic City’s gaming exclusivity.

Along with deciding on a US that is new president November, voters in nj will be challenged with determining whether to amend their state constitution to let the construction of extra gambling facilities in northern counties of the state.

AC Moves All-In

Atlantic City is broke and with debt, yet its town is continuing to invest as whether it’s the early 2000s and the economy that is local nevertheless flourishing with revenues aplenty.

Christie and State Senate President Stephen Sweeney (D) have advocated for the state to assume control associated with th Continue reading “Brand New Jersey Casino Expansion Losing Support Among Garden State Voters, Atlantic City Sues State”

Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane

Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane

This week’s casino news includes revenue that is disappointing from Encore Boston Harbor and the Macau casino industry. Our news report also contains the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it was authorized by Massachusetts voters in 2012, Encore Boston Harbor was sold to the public as a fix for the commonwealth’s revenue shortages.

There was large amount of hype about the city of Boston finding a casino however the locals happen tepid with regards to visiting it. We are going to begin with that tale as we recap this week’s casino news.

Encore Boston Harbor Falls Far Short Of Expectations in first Year

There were massive objectives for the Encore Boston Harbor whenever it first launched earlier this season but it looks like they’ll miss out on their goals as we approach the end of the calendar year.

The Encore Boston Harbor is on pace to fall nearly $100 million shy of its projections that are first-year. The casino resort, which are priced at $2.6 billion to build, still made $175.8 million during its first quarter that is full of, therefore it’s not as though anyone is complaining. Nonetheless, while that number is impressive, it nevertheless puts Encore Boston Harbor on pace to fall $100 million short of its projected $800 million revenue for the year. Of course, that projection doesn’t take in to account that the revenues for the business could continu Continue reading “Casino News: Encore Boston Harbor Revenues, Vegas Casino Sues Evander Kane”

Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane

Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane

This week’s casino news includes disappointing revenue reports from Encore Boston Harbor and the Macau casino industry. Our news report also includes the Cosmopolitan Las Vegas suing an NHL player for unpaid gambling debts. When it absolutely was authorized by Massachusetts voters in 2012, Encore Boston Harbor was sold to the public as a remedy for the commonwealth’s revenue shortages.

There had been lot of hype about the city of Boston getting a casino nevertheless the locals have already been tepid with regards to visiting it. We’ll start with that whole story even as we recap this week’s casino news.

Encore Boston Harbor Falls Far Short Of Expectations in first 12 Months

There were massive expectations for the Encore Boston Harbor whenever it first opened earlier in 2010 but as we approach the finish regarding the calendar year, it looks like they’ll miss out on their goals.

The Encore Boston Harbor is on pace to fall nearly $100 million shy of its projections that are first-year. The casino resort, which cost $2.6 billion to build, nevertheless made $175.8 million during its first quarter that is full of, so it’s not just as if anybody is whining. However, while that number is impressive, it still puts Encore Boston Harbor on pace to fall $100 million short of its projected $800 million revenue for the year. Of course, that projection does not take in to account that the revenues for the b Continue reading “Casino News: Encore Boston Harbor Revenues, Las Vegas Casino Sues Evander Kane”