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Two casinos in two different north Jersey counties coming soon?

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vixen777

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After months of wrangling, state legislators reached a compromise last week on a plan that would authorize two casinos in two different north Jersey counties.
Both casinos would be majority owned by an existing AC casino operator and AC operators would receive a maximum of one-third of the state’s tax revenue from the new casinos.
Each new casino would require a minimum of $1b investment.

The compromise bill must receive a 60% favorable vote in both of New Jersey’s legislative bodies before the question can be put to voters via a ballot referendum this November.
However, support for north Jersey casinos is highest (52%) among voters aged 18 to 34 years, and younger voters are notorious for not showing up at the voting
booths on the day in question, so this is far from a slam dunk.

STRAUB WANTS REVEL TO BE A CASINO AGAIN
Meanwhile, developer Glenn Straub announced on Tuesday that he wants to see the shuttered Revel reborn as a casino. Straub, who purchased AC’s bankrupt white elephant a year
ago only to spend the rest of 2015 in the courts working out the details, told the Associated Press he definitely wants to open Revel as a casino, but one that is “about 50% of what was there.”

Straub offered no timetable for when this slimmed down casino might open, but indicated he would hire an operator to manage the gaming business,
which would include options to attract Asian gamblers. However, Straub has yet to win a casino license from the Casino Control Commission, so for the moment it’s all speculation.

FULL STORY HERE
 

CareyG

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I sure hope they re-open Revel, it was the most beautiful casino in AC!
 

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