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However, the study was one-sided and incomplete in that it, “did not analyze or quantify the offsetting economic impacts of casino expansion in northern New Jersey,” according to the 110-page document’s Executive Summary (PDF). However, the study was one-sided and incomplete in that it, “did not analyze or quantify the offsetting economic impacts of casino expansion in northern New Jersey,” according to the 110-page document’s Executive Summary (PDF).The singular known economic impact study on the issue, prepared by gaming analysts at the request of Resorts Casino, is where the numbers are to be found....


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However, the study was one-sided and incomplete in that it, “did not analyze or quantify the offsetting economic impacts of casino expansion in northern New Jersey,” according to the 110-page document’s Executive Summary (PDF).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 believe almost alucky star casino mvlynything no matter how ridiculous. 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....


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If the constitutional amendment goes down to defeat, casino advocates and their adversaries will have two years to sharpen their game plans, influence lawmakers in crafting a new law, and commission the truly comprehensive studies that New Jersey voters will likely insist upon. “North Jersey Casino supporters; this tells us it’s not over. it is no wonder as they were all done by South Jersey interests,” said Ron Simoncini, Executive Director for the North Jersey Gaming Advocates....


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One reason for that could be that a major funding source for Trenton’s Bad Bet is Resorts World Casino New York, and one of the other opponent groups, “No North Jersey Casinos” counts as its most prominent members the Southern New Jersey Chamber of Commerce and the Greater Atlantic City Chamber, whose interests obviously align with those of Atlantic City casinos. 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. 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....


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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. “North Jersey Casino supporters; this tells us it’s not over. 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....

 

 

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