Atlantic city casino closing11/22/2023 ![]() ![]() “It will force Atlantic County taxpayers to pay more so the casino industry gets a tax break,” Guardian stated. Lone voice of oppositionĪccording to the Press of Atlantic City, the only person to speak in opposition of S4007 was former Atlantic City Mayor, Assemblyman-elect Donald Guardian (R).įorce Atlantic County taxpayers to pay more so the casino industry gets a tax break” The bill would amend an existing casino payment-in-lieu-of-taxes (PILOT) law to allow the gaming houses to make payments to Atlantic City, Atlantic County, and the school system instead of ponying up property taxes. Sweeney said of the four casinos in danger of closing: “We do not want that to happen.” The New Jersey lawmaker said Casino Association of New Jersey (CANJ) officials had “painted a very clear picture” of the financial risk the casinos face should S4007 not pass. ![]() uO58NAiZVu- Jim Kennedy December 7, 2021 If the Casino Industry is in such a precarious position…AC is screwed. 4 of Atlantic City's nine casinos are in danger of closing if the state does not pass bills giving tax breaks to the casinos, Senate President Sweeney said Monday. ![]()
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