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New Jersey Assembly Discusses Meadowlands Casino

New Jersey Assembly Discusses Meadowlands Casino

Last week the New Jersey State Assembly in Trenton debated a bill which would establish a commission to explore the option of bringing a casino to the Meadowlands Sports Complex.

New Jersey Assembly Discusses Meadowlands Casino

The New Jersey State Assembly has discussed a bill which would consider the option of building a casino at the Meadowlands Sports Complex.

While the bill was debated at length, no vote was held at the end of the discussion.

According to Assemblyman Ralph Caputo, D-Essex, the bill will probably come up for a committee vote next month.

The bill passed the full Assembly in the last legislative session however, Governor Christie and state Senate President Stephen Sweeney agreed that there would be no expanding of gambling outside of Atlantic City before the end of 2015.

However, while both have recently made comments urging for the focus to be on Atlantic City, they have given hints that they’ll consider other options. When discussing the expansion of slots Sweeney said, “Why wouldn’t I open it up to wherever the market would take it, whether it be Newark or Jersey City or Camden, or whatever other community could benefit from building a from-the-ground-up casino hotel?”

Assemblywoman Valerie Vainieri Huttle, D-Bergen, said that she believes if a casino had been opened in Meadowlands before the Super Bowl then many ticket holders would have spent money there before going to the game.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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