Atlantic City’s $2.4 billion casino, Revel, should clear its final major hurdle today.
My Fox New York reported the New Jersey Casino Control Commission is expected to approve a casino licence for the property, which nearly didn’t get built at all, becoming the city’s 12th casino when it opens April 2.
The resort is being built to help revive the struggling seaside gambling resort, which soon will be surpassed by Pennsylvania as the nation’s second-largest gambling market after Las Vegas.
Kansas Gov. Sam Brownback has stated in his most recent Statehouse news conference that he will endorse a proposal to use revenues from state-owned casinos to boost the financial health of the pension system for teachers and government workers.
Kansas City Star reported the measure will divert some casino revenues to the Kansas Public Employees Retirement System and would help keep the state’s credit ratings from slipping.
The pension system projects an $8.3 billion shortfall between anticipated revenues and retirement benefits promised to public employees through 2033
Lawmakers will be decided whether to approve a proposal that could bring a multimillion-dollar casino to Rockingham Park in Salem, Massachusetts.
A report by the Eagle Tribune states supporters and opponents of a bill to allow four casinos in the Granite State have been lobbying hard for and against passage of House Bill 593.
Proponents are confident the legislation will pass but opponents are sceptical and doubt it will receive enough support.
“We feel positive about the outcome,” said Rich Killion, spokesman for Millennium Gaming of Las Vegas in the report.