The Meadowlands Sports Complex has long attracted fans from New York, and a casino is hoped by some lawmakers there could do the same. (Image: Wikimedia Commons)
Since New Jersey first legalized casino gambling in 1976, it was understood that casinos were only meant for Atlantic City into the Garden State. That made sense, at least during the time: the resort town had dropped out of favor with tourists, and gambling was seen as a way to bring cash back to the regional economy. But with increasing competition from Pennsylvania as well as the specter of New York gambling enterprises in the horizon, some in their state now want to create a casino in a location that could directly compete with venues in neighboring states.
The idea of placing a casino into the Meadowlands located just outside of the latest York City was floated week that is again last the East Coast Gaming Congress in Atlantic City, attracting support also concern from those in attendance.
‘A casino in north Jersey, to be taxed at 50 or 60 percent, we could do a billion dollars in that location,’ stated Assemblyman Ralph Caputo, a Democrat. ‘we have become fighting for those clients. That’s exactly what Pennsylvania is doing. That’s what New York wants to accomplish.’
Beating New York to industry
Caputo’s idea is always to get a casino built into the Meadowlands before one is made in New York City. While the state of New York has started the l Continue reading “Meadowlands Casino Debated at East Coast Gaming Congress”