Caesars intends to close the Showboat in Atlantic City on August 31; three other brand New Jersey casinos are also shutdowns that are facing. (Image: Atlantic-City-Guidebook.com)
With four Atlantic City casinos potentially closing this year, many within the town also greater New Jersey are understandably shocked. Keeping those casinos open only a longer that is little help soften the blow a little giving employees and officials more time to plan for the future. But while that might be nice, state officials state they cannot force those casinos to remain in procedure if the properties want to turn off.
New Jersey state casino regulators have said which they cannot force two casino owners to stay open for the additional four months while they wait to see if new buyers can be found. The two casinos, the Showboat and Trump Plaza, are both expected to close this summer.
Private Business Decision
Final month, State Senator James Whelan, along with Assemblymen Vince Mazzeo and Chris Brown, had asked the brand New Jersey Casino Control Commission (NJCCC) to force both of the casinos to stay open for a number of months past their intended closing dates. But, NJCCC Chairman Matthew Levinson wrote right back earlier this month to state that determining a closing date is a decision that belongs to those organizations alone, and sits far beyond the commission’s authority.
‘ The commission simply does not have the authority to di Read more