North Jersey casino plan still on hold
A referendum that would have changed the status of the current gambling legislation was held last November. However, 80% of New Jersey voters said no to the expansion.
Despite that fact, Gural said that he has not given up on his plan and now prefers to wait until neighboring New York has all its three commercial casinos launched and fully operational. According to the businessman, this will happen in the next six years.
He pointed out that competition will be the best way to the get the referendum approved.
State Assemblyman Ralph Caputo, one of the staunchest supporters of the casino expansion effort, has revealed that the Legislature will certainly put the plan forward, but that it cannot commit to a timeframe for now.
Opponents of the measure believe that casino expansion beyond Atlantic City will cannibalize precious revenue from the city and may even result in more casino closures.
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