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December 03, 2015

The proposed northern New Jersey gaming market is being revisited. The idea is being brought back as a way to stop competition from the new Manhattan casino.

A constitutional amendment would be needed for a casino to be built in the northern section of the state. It is possible that the measure could go before voters next year.

For many years Atlantic City was the East Coast's casino dominate location. However, the city has been struggling. In 2014 revenue declined resulting in a total of $2.9 billion. Competition from New York, Pennsylvania, Maryland, and Delaware have all contributed to the decline.

As of now, there is a 10 percent decline for 2015 in comparison to last year.

Interest has been shown from several areas in northern New Jersey for building casinos. It has been proposed that East Rutherford's Meadowlands complex be converted into a Hard Rock Resort.

If approved the new complex would aid the state's horse racing industry as well as a portion of revenue being used to assist Atlantic City.

Return to New Jersey Casinos.


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