Christie in Closed Door Meeting to Discuss Fate of Atlantic City

Written by:
Associated Press
Published on:
Sep/08/2014
Christie in Closed Door Meeting to Discuss Fate of Atlantic City

ATLANTIC CITY – (Associated Press) - Gov. Chris Christie said Monday that Atlantic City is undergoing a natural and necessary transformation as it expands beyond a gambling-only resort.

Christie convened a summit meeting on the resort’s future that was closed to the public and press for all but the very beginning of his remarks. But afterward, he said the changes buffeting the seaside gambling resort couldn’t be avoided.

Atlantic City began the year with 12 casinos. Three of them have already closed, and a fourth is shutting down next week.

“This was an inevitable occurrence,” Christie said. “When you have the kind of competition that’s been coming up, Atlantic City at this size of a gaming footprint was not going to last.”

Asked repeatedly if the possibility of a casino in the northern New Jersey Meadowlands or elsewhere in the region was discussed, Christie said, “Everything is on the table.”

He said he did not make a recommendation on such a casino.

The governor portrayed the two-hour session with elected officials, union leaders and executives from the Caesars Entertainment casinos, the Borgata, Golden Nugget, Tropicana and Resorts, as the beginning of a working process.

He said he gave each participant instructions for information to be delivered to Jon Hansen, who crafted the report on which Christie based his plan for a five-year effort to aid Atlantic City before considering expanding casinos to other parts of the state. Christie said the parties will meet again in 45 days.

The meeting came shortly after Christie’s administration said it would allow casinos and horse tracks to offer sports betting — a move favored by the casinos but certain to be challenged in court by professional and collegiate sports leagues.

State Senate President Steve Sweeney said there was no discussion about a possible voter referendum in 2015 on whether to amend the constitution to expand gambling beyond Atlantic City.

Gambling News

Say No to Sportsbook Blacklist

Since Gambling911.com revealed that seven sportsbooks had gotten together to share player information, everybody in the industry is talking.

How to Withdraw Funds From Online Casinos?

Navigating the world of online gambling, especially when it comes to withdrawing your winnings, can seem daunting at first. However, with the right knowledge and understanding, the process can be smooth and secure.

Syndicate