Casinos can continue operations

NJ Governor ends government shutdown

Governor Chris Christie signed a USD 37.4B budget agreement allowing to restore nonessential government services including access to state parks and employees of the state’s gaming commission.
2017-07-06
Reading time 32 seg
Governor Chris Christie signed a USD 37.4B budget agreement allowing to restore nonessential government services including access to state parks and employees of the state’s gaming commission.

This week, Governor Christie signed an executive agreement making gaming commissioners essential and safe from any potential government shutdowns. 

Land-based gaming revenue year-to-date is up almost 10 percent, and internet casinos are outpacing 2016’s income by 29 percent.

The NJ government shut down once before, in 2006, for three days, costing the state over USD 20M in gambling revenue.

Some 36,000 gaming industry workers were told to stay home and the 12 casinos then in operation suffered losses.

After that shutdown, legislators passed a bill making gaming commissioners “essential” to the states operations and thus preventing casinos from closing down because of a government budget.

 

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