Jersey City $4.6 Billion Casino Resort Proposed for North Jersey
Jersey City $4.6 Billion Casino Resort Proposed for North Jersey
A casino in Jersey City could fight down competition from ny in the Garden State casino market (Image: sloanspringer.com)
Venture capitalist Paul Fireman wants to construct a $4.6 billion casino resort in Jersey City, according to reports by the newest Jersey press. State Governor Chris Christie recently declared his openness to your expansion of casino gaming into North Jersey, and it appears Fireman, who is a former ceo of reebok now operates Fireman Capital Partners, is working hard to make it play lightning link slot online work well.
The businessman has been ending up in brand New Jersey politicians over the month that is past discuss his proposition for a 95-story hotel and casino rising above New York Harbor that will also feature a motorsports stadium and ‘the largest Ferris wheel into the world.’
Atlantic City, which includes always had the monopoly on casino gaming since the property that is first there in 1978, has lately been in serious economic straits. Despite injections of cash and a plan that is five-year rejuvenate the city, spearheaded by Governor Christie in 2011, its casino market did not bounce back through the recession, because was hoped.
Also, it is often hit hard by brand new competition from neighboring states such as for instance Pennsylvania, which has superseded New Jersey as the second casino market that is biggest in the usa, after Nevada. Even though Atlantic City casinos like The Showboat and Revel contempl