The Meadowlands Sports Complex has long drawn fans from New York, and a casino is hoped by some lawmakers here could perform some same. (Image: Wikimedia Commons)
Since brand New Jersey first legalized casino gambling in 1976, it is often understood that casinos were only meant for Atlantic City within the Garden State. That made sense, at least at that time: the resort city had fallen out of favor with tourists, and gambling was regarded as a way to bring money back in the economy that is local. But with increasing competition from Pennsylvania while the specter of New York gambling enterprises on the horizon, some in the state now want to build a casino in a location that could compete with venues directly in neighboring states.
The idea of putting a casino in the Meadowlands located just outside of New York City was floated week that is again last the East Coast Gaming Congress in Atlantic City, attracting support along with concern from those in attendance.
‘A casino in north Jersey, to be taxed at 50 or 60 per cent, we could do a billion dollars in that location,’ said Assemblyman Ralph Caputo, a Democrat. ‘we have to be fighting for those clients. That’s just what Pennsylvania is doing. That’s just what nyc wants to complete.’
Beating New York to industry
Caputo’s idea is always to get a casino built within the Meadowlands before one is created in New York City. While the state of ny has recently start Continue reading “Meadowlands Casino Debated at East Coast Gaming Congress”