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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. 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). Another reason those tactics may not be in play is that it is very difficult, if not impossible to find valid studies that support the view that casinos bring such blights to their communities....
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).”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. 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....
If the constitutional amendment goes down to defeat, casino advocates and their adversaries will have two years to sharpen their game plans, influence lawmakers in crafting a new law, and commission the truly comprehensive studies that New Jersey voters will likely insist upon. 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. We have been bullied into not voting or voting no by casino owners from New York protecting their own interests with scandalously false advertising and their partners from South Jersey who are unadvisedly holding onto this pipe dream that Atlantic City is coming back,” according to the release....
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.One of the adverts begins with a nightmarish fog of images and music with a voice-over telling viewers about the loss of 3,000 jobs along with the closure of Taj Mahal.New Jersey voters will go to the polls Tuesday without all of the information they need to make a completely rational decision....
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.William Hill is a top operator of betting shops in the United Kingdom, offering thousands of facilities across the country. So far over million has been spent by both sides to earn hearts and minds at the ballot box, and if you look at the most scientific of polls (Monmouth in June and Rutgers-Eagleton in Nov....
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