The Meadowlands Sports Complex has long attracted fans from New York, and some lawmakers hope a casino there could do the same. (Image: Wikimedia Commons)
Since brand New Jersey first legalized casino gambling in 1976, it’s been recognized that casinos were only meant for Atlantic City into the Garden State. That made sense, at least at the time: the resort town had fallen out of favor with tourists, and gambling was seen as a method to bring cash back in the economy that is local. However with increasing competition from Pennsylvania plus the specter of New York casinos regarding the horizon, some in the state now want to create a casino in a location that could compete with venues directly in neighboring states.
The concept of putting a casino within the Meadowlands located just outside of the latest York City was floated once again final week at the East Coast Gaming Congress in Atlantic City, attracting support as well as concern from those in attendance.
‘A casino in north Jersey, to be taxed at 50 or 60 %, we could do a billion dollars in that location,’ said Assemblyman Ralph Caputo, a Democrat. ‘we have become fighting for those customers. That is exactly what Pennsylvania is doing. That’s exactly what ny wants to do.’
Beating New York to the Market
Caputo’s idea is always to get a casino built in the Meadowlands before one is built in New York City. While the state of ny has recently started the cer Continue reading « Meadowlands Casino Debated at East Coast Gaming Congress »