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Money

NJ Voting Will Happen To Take Gambling Out of Atlantic City

NJ Voting Will Happen To Take Gambling Out of Atlantic City
BY FRANCESCA PHILLIPPY
NEWJERSEYNEWSROOM.COM

TRENTON - State Senate President Stephen Sweeney informed nj.com that he has been discussing expanding gambling to north Jersey with stakeholders for about a year.

Sweeney has always been one of the top defenders of Atlantic City’s gambling monopoly, according to Northjersey.com. However, Sweeney is currently at odds with the South Jersey Democrat’s public statements in which he has adamantly defended a five-year moratorium, until early 2016, on any discussion of casino gambling in the state beyond Atlantic City.

The Atlantic City business has already been cut due to casinos in both Pennsylvania and New York. The Showboat has recently declared its closing and the Revel will also go if it cannot find a backer before the summer is over.

Governor Chris Christie has been the driving force behind Atlantic City continuing their reign as gambling capital of New Jersey. In 2011 Christie blocked the expansion of casinos for five years in an attempt to allow the city to recuperate without competition from the rest of the state. Christie also called for the city to revitalize itself with nongambling amenities and state-run tourist zones, as reported by the pressofatlanticcity.com.

Along with the attempt to save the city, casino gambling has been limited to Atlantic City since state voters approved amending the state constitution in 1976. This amendment is solely for New Jersey.

 

NJ Commuters Can Sue Bosses for Stressful Commute

NJ Commuters Can Sue Bosses for Stressful Commute
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Most of us have our issues with New Jersey traffic. That’s not an exclusive club. But a woman from Berlin has been seriously affected.

The New Jersey woman has allegedly...

Pizza in a Cone Takes Off in New Jersey

Pizza in a Cone Takes Off in New Jersey
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Yes, you may soon be able to purchase pizza in a cone in North Jersey. There might also be soup from Soupman, Inc., burgers, Firehouse Subs, and resales from Uptown Che...

New Jersey constitution protects state pension retirees

New Jersey constitution protects state pension retirees
BY KYLE HUTCHISON
NEWJERSEYNEWSROOM.COM

An appeals court in New Jersey ruled that cost of living adjustment (COLA) for retirees are protected under New Jersey’s state constitution.

Cost of living adjustm...

4 Changes to NJ Alimony Rules

4 Changes to NJ Alimony Rules
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

There are currently no limits on how long alimony payments can continue in New Jersey. Many parties see the state’s laws as outdated.

After an extended battle, the Senat...

New Jersey Graduates' Futures Look Bleak

New Jersey Graduates' Futures Look Bleak
BY FRANCESCA PHILLIPPY
NEWJERSEYNEWSROOM.COM

Forbes has released that News Jersey is one of the most competitive job markets for college graduates, coming in fourth after Illinois, Rhode Island, and Was...

3 of the Best Ideas from Princeton University’s 17th Annual Entrepreneur Competition

3 of the Best Ideas from Princeton University’s 17th Annual Entrepreneur Competition
BY MARY MARSHALL
NEWJERSEYNEWSROOM.COM

This year, on Friday May 30, Princeton University held their 17th annual Entrepreneurs’ Network Business Plan Competition where graduates and students presented th...

Winning Powerball Numbers Worth $122M for Wednesday, July 9

Winning Powerball Numbers Worth $122M for Wednesday, July 9
BY BOB HOLT
NEWJERSEYNEWSROOM.COM
No one was able to win the Powerball jackpot in the game’s drawing of July 5. The last winner of a Powerball grand prize came on June 11.

Seven consecutive drawings with...

New Jersey is Foreclosure Capital of the Nation

New Jersey is Foreclosure Capital of the Nation
BY FRANCESCA PHILLIPPY
NEWJERSEYNEWSROOM.COM

New Jersey officially has the most foreclosure loans in the United States.

The Garden State is followed by Florida and New York in the second and third spots,...

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