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The study’s conclusion was apocalyptic and predicted either a contraction of industry EBITDA to some 5 million at best (from then current 4 million) or the closure of three to five Atlantic City casinos. Many may not be aware of other profitable casinos that closed for various reasons or the deals made by other operators and deed restrictions put in place in order to reduce competition in Atlantic City so the remaining casinos would have a better chance. It is the same thing as any other con – from Bernie Madoff to Charles Ponzi – they say it convincingly and we fall for it, only to pay a heavy price later....

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What the commercials don’t do is explain how or why opening two casinos in North Jersey, each with a minimum billion investment and available first to existing Atlantic City operators, would create the sort of economic hellscape the advertisements portend. “North Jersey Casino supporters; this tells us it’s not over.Although previous polling may have been commissioned by out of state casino interests protecting their markets, the methodology of the latest Rutgers-Eagleton Poll should be considered viable and unbiased in the absence of any specific weighting or balancing that could sully the results....

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Another reason those tactics may not be in play is that it is very difficult, if not impossible to find valid studies that support the view that casinos bring such blights to their communities. While that property may have fallen into disrepair, most people in the state arelive casino super 4 zhjb aware of the reasons for its demise. Another reason those tactics may not be in play is that it is very difficult, if not impossible to find valid studies that support the view that casinos bring such blights to their communities....

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New Jersey voters will go to the polls Tuesday without all of the information they need to make a completely rational decision. While that property may have fallen into disrepair, most people in the state arelive casino super 4 zhjb aware of the reasons for its demise.The MLCVB information campaign goes on to state that, “The truth is that despite the claims in their evil commercial, the introduction of this Referendum does not add to crime, it does not allow casinos to be built in any location, it will not increase property taxes and it has nothing to do with the performance of our schools,” and concludes, “The problem is that we in New Jersey are so discouraged by our own government that we are willing to blive casino super 4 zhjbelieve almost anything no matter how ridiculous....

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So far over million has been spent by both sides to earn hearts and minds at the ballot box, and if you look at the most scientific of polls (Monmouth in June and Rutgers-Eagleton in Nov. It is the same thing as any other con – from Bernie Madoff to Charles Ponzi – they say it convincingly and we fall for it, only to pay a heavy price later. Many may not be aware of other profitable casinos that closed for various reasons or the deals made by other operators and deed restrictions put in place in order to reduce competition in Atlantic City so the remaining casinos would have a better chance....

 

 

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