Obama’s speech will be “a fantasy wish list by a President who has failed us”, Christie said in his address to New Jersey’s Democrat-led legislature.
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New Jersey Senate President Steve Sweeney says he will support having Atlantic City declare bankruptcy if the Legislature doesn’t quickly go along with legislation he plans to introduce giving the state control of the gambling resort’s finances.
The states voters are set to decide in November on whether to allow two new casinos to be built outside Atlantic City.
Chris Christie lashed out at the president and Congress as full of hot air on Tuesday, portraying his own record as one of bipartisan bargains but also jabbing New Jersey Democrats as beholden to labor unions.
Guardian insists the city is nowhere near bankrupt, but after peaking in gambling revenue in 2006, it’s been in steady decline ever since.
After the hearing, Whelan doubled down and said that likely competition from New York City would doom the new casinos, and make Atlantic City share in the losses.
“I have talked to many individuals that have expressed interest in coming into New Jersey”, Prieto said. Christie’s in-state rivals have noted that while the economy has grown, the state still has fewer jobs than before the recession, and the state’s credit has been downgraded nine times on his watch.
Christie himself faces criticism, with several dozen organized labor and other protesters outside the New Jersey State House on Tuesday upset with his tenure, which Ray Greaves called a “failure”. That figure is $2,736 for Newark, New Jersey’s largest city, and $1,953 for Camden.
“We must recapture the finite amount of gaming that is now leaving the state and make our casino industry competitive”, Sarlo said. According to a recent report by David G. Schwartz of the Center for Gaming Research, University Libraries, University of Nevada Las Vegas, entitled Atlantic City Gaming Revenue: Statistics for Casino, Slot, and Table Win, 1978-2014 total gaming revenue has fallen more than 47% since 2006. Once the AG approves a production model, every firearms wholesaler and retailer in the state would be obligated to carry at least one example for sale in their inventory within 30 months and have it on display in their salesroom.
Bergen and Passaic county communities would receive about $2.7 million from six non-profit hospitals.
Republican Senate Minority Leader Tom Kean Jr. said he was surprised that Democrats didn’t applaud Mr. Christie’s promises to expand charter schools or spend more money on mental-health services.
But he said the plan will provide funding to help “create a city that’s an entertainment destination” and bring year-round businesses to the resort. Many believe the bill dooms Atlantic City and lacks clarity.
Earlier Monday, in what turned out to be just a symbolic vote, the Senate passed Sweeney’s bill by a vote of 33-6.
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He called the announcement “Atlantic City’s Pearl Harbor”, and added “it sounds like an occupying force coming down, we didn’t declare war on anyone; we’re not Japan or the Confederacy”.
