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The singular known economic impact study on the issue, prepared by gaming analysts at the request of Resorts Casino, is where the numbers are to be found.What the commercials don’t do is explain how or why opening two casinos in North Jersey, each with a minimum billion investment and available first to existing Atlantic City operators, would create the sort of economic hellscape the advertisements portend. The study’s conclusion was apocalyptic and predicted either a contraction of industry EBITDA to some 5 million at best (from then current 4 million) or the closure of three to five Atlantic City casinos....
The MLCVB information campaign goes on to state that, “The truth is that despite the claims in their evil commercial, the introduction of this Referendum does not add to crime, it does not allow casinos to be built in any location, it will not increase property taxes and it has nothing to do with the performance of our schools,” and concludes, “The problem is that we in New Jersey are so discouraged by our own government that we are willing to b21 blackjack rules ikpgelieve almost anything no matter how ridiculous.Although previous polling may have been commissioned by out of state casino interests protecting their markets, the methodology of the latest Rutgers-Eagleton Poll should be considered viable and unbiased in the absence of any specific weighting or balancing that could sully the results. Many may not be aware of other profitable casinos that closed for various reasons or the deals made by other operators and deed restrictions put in place in order to reduce competition in Atlantic City so the remaining casinos would have a better chance....
estion now, and it is no wonder as they were all done by South Jersey interests,” said Ron Simoncini, Executive Director for the North Jersey Gaming Advocates.The singular known economic impact study on the issue, prepared by gaming analysts at the request of Resorts Casino, is where the numbers are to be found. It is the same thing as any other con – from Bernie Madoff to Charles Ponzi – they say it convincingly and we fall for it, only to pay a heavy price later....
While that property may have fallen into disrepair, most people in the state are21 blackjack rules ikpg aware of the reasons for its demise. However, the study was one-sided and incomplete in that it, “did not analyze or quantify the offsetting economic impacts of casino expansion in northern New Jersey,” according to the 110-page document’s Executive Summary (PDF). “North Jersey Casino supporters; this tells us it’s not over....
The gambling operator recently announced that as many as 2,3”World Casino News editors have reviewed several video commercials from North Jersey casino opponent, Trenton’s Bad Bet, and although they do seem to be playing to voter discouragement with government, lack of trust in lawmakers, fears of job losses and economic calamity, school cuts, infrastructure cuts, and increases in property taxes, we have not seen some of the tactics used in other campaigns such as fear mongering about crime, prostitution, and drugs. While that property may have fallen into disrepair, most people in the state are21 blackjack rules ikpg aware of the reasons for its demise....
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