New Jersey Governor Chris Christie has openly voiced his support for a revised plan to rescue the US state’s gambling resort of Atlantic City.
Introduced by Christie alongside Senate President Steve Sweeney and Atlantic City Mayor Don Guardian, the plan combines elements of previous strategies to help save the struggling gambling hub.
Christie, who is keen for the plan to be cleared by the end of February, said the strategy would allow the state to restructure city debt and terminate municipal contracts, including those with labour unions.
New Jersey already controls the city’s budget, hiring and other finances, but previous legislation put forward by Christie this month would allow for a more complete takeover of operations in Atlantic City.
Tropicana 5th New Jersey casino to get Internet gambling permit Press of Atlantic City - Tropicana Casino and Resort became the fifth casino to receive an Internet gambling permit in the state of New Jersey today.
The state began issuing permits last month with Borgata Hotel Casino & Spa becoming the first Atlantic City casino to be […]
British online gambling company wants Atlantic City Casino From Press of Atlantic City - The advent of Internet gambling in New Jersey has left a British firm placing a bet on Atlantic City with plans to build or buy a resort casino.
London-based 2UP Gaming PLC is in negotiations to purchase an Atlantic City casino. If that’s not possible, […]
William Hill and Amaya Talk Reverse Takeover The UK’s William Hill and Canada’s Amaya are in discussions that could lead to a £4.6bn all share merger to create one of the world’s largest gambling companies, as the groups become swept up in the wave of consolidation hitting the betting industry.
On Saturday, the boards of the two […]