The changes were negotiated by the Cuomo administration and legislative leaders. The wording does not mention any potential drawbacks to more casinos, such as crime and other social costs. The state did not post the unexpected rosy version of the referendum online until August 23, a week after the deadline to file a lawsuit. Snyder claims that's unfair and that the changes were made in secret. But the state will argue Snyder's lawsuit was filed too late.
Weak September for Atlantic City Casinos
In separate news, figures released last Thursday by the New Jersey gambling regulator revealed more dismal news for Atlantic City land casinos, with year-on-year revenues for September 2013 down almost 13 %. The city’s 12 casinos made us$ 240.2 million from gamblers, a decline of 12.9 % compared with September 2012.
Table games revenue was down nearly 19 % at us$ 62.9 million, whilst slots revenue declined 10.6 % to us$ 177.3 million. Eleven of the 12 Atlantic City casinos posted monthly declines, with the Atlantic Club Casino Hotel the only operation to show an increase, up nearly 4 % for the month to us$ 12.3 million. For the first nine months of the year, the casinos made us$ 2.2 billion, down 9.3 % from a year ago.