Official: StayNJ deal will not impact sunset of 2% CBT surcharge
The deal reached on the framework of a new StayNJ senior citizen property tax plan — which is part of a greater framework to get the state budget passed — may be more than just a win-win for Gov. Phil Murphy and Democratic legislative leaders. Read more from ROI-NJ.
Atlantic City reinvestment efforts take shape ahead of summer
Investment and redevelopment activity has been buzzing throughout Atlantic City, with casinos having collectively invested more than $1 billion into the marketplace over the past several years. It is part of an effort – in the works for some time but really taking shape heading into the summer season – to diversify the non-gaming offerings and freshen […]
New Jersey casinos, tracks and partners won $471M in May, up 9.4%, but in-person winnings still lag
New Jersey’s casinos, horse tracks that take sports bets and the online partners of both types of gambling won nearly $471 million in May, up 9.4% from a year earlier according to figures released Monday by state gambling regulators. Read more from AP News.