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Massachusetts Casino Repeal Matter Approved by Court

By |mars 3rd, 2020|

Massachusetts Casino Repeal Matter Approved by Court

Massachusetts State Attorney General Martha Coakley opposed the repeal concern, but says she welcomes allowing the voters to truly have a voice in the problem. (Image: Boston Globe)

In Massachusetts, casino companies have actually faced a few battles to be able to build resorts in the state. There have been town-by-town campaigns to win over local communities, plus in the actual situation of the Greater Boston area, a competition that is fierce only one license. Now, operators are going to have one more challenge ahead of them before they can sleep easy: a statewide repeal vote that could end casino gambling in Massachusetts before it starts.

The Massachusetts Supreme Judicial Court ruled Tuesday that voters should be able to see the casino law repeal question on a November ballot, potentially rolling back a 2011 law that legalized casinos in the state. That move leaves potential casino operators in an awkward position, as they may get licenses, but not know until later this year whether they can actually do anything with them.

Unanimous Decision Sets Question on Ballot

The court reached their decision unanimously, pointing out that supporters of the repeal had succeeded in collecting more than enough signatures to place the relevant question on the ballot. The work had been compared by Massachusetts Attorney General Martha Coakley, now a Democratic candidate for governor, who rejected the question last year because she […]

Jersey City $4.6 Billion Casino Resort Proposed for North Jersey

By |mars 2nd, 2020|

Jersey City $4.6 Billion Casino Resort Proposed for North Jersey

A casino in Jersey City could fight down competition from nyc in the Garden State casino market (Image: sloanspringer.com)

Venture capitalist Paul Fireman wants to build a $4.6 billion casino resort in Jersey City, according to reports by the latest Jersey press. State Governor Chris Christie recently declared his openness to the expansion of casino video gaming into North Jersey, and it appears Fireman, who is a former ceo of reebok and today operates Fireman Capital Partners, is working hard to make it work well.

The businessman has been meeting with brand New Jersey politicians over the month that is past discuss their proposition for a 95-story hotel and casino increasing above New York Harbor that will also feature a motorsports stadium and ‘the largest Ferris wheel into the world.’

Atlantic City, which has always had the monopoly on casino gaming since the property that is first there in 1978, has lately been in serious financial straits. Despite injections of money and a plan that is five-year rejuvenate the town, spearheaded by Governor Christie in 2011, its casino market did not bounce back through the recession, as had been hoped.

Furthermore, it’s been hit hard by new competition from neighboring states such as Pennsylvania, which has superseded brand New Jersey as the second casino market that is biggest in the US, after Nevada. And even though Atlantic City casinos like The Showboat and Revel con […]