Money | newjerseynewsroom.com

newjerseynewsroom.com

Friday
Jul 03rd
  • Login
  • Create an account
    Registration
    *
    *
    *
    *
    *
    REGISTER_REQUIRED
  • Search
  • Local Business Deals

Money

Meadowlands Casino by the Numbers

Meadowlands Casino by the Numbers
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Atlantic City’s monopoly on casino gambling might be ending soon- it’s just a matter of when.

A proposal for The Hard Rock Casino is expected to be unveiled at the Meadowlands Racetrack next week.

NJ.com reported that Hard Rock International and Meadowlands Racing and Entertainment officials said, "A casino at the Meadowlands could generate more than $400 million in yearly revenue, which could fund critical priorities, such as property tax relief for seniors and veterans' programs, in addition to helping rebuild Atlantic City and create more than 10,000 jobs in the area."

Meadowlands Racing Chairman Jeff Gural said the casino would be built next to the new $88 million Meadowlands grandstand.

According to an Associated Press report on The News Tribune, Gural said that while Atlantic City casinos have an 8 percent tax rate, the new operation would pay 55 percent in taxes on its winnings. In 2014, Atlantic City dropped from 12 to 8 casinos. The resort city’s winnings from gamblers have fallen from $5.2 billion in 2006 to $2.74 billion last year.

 

5 Buyers for A&P Supermarket Chains

5 Buyers for A&P Supermarket Chains
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

A&P, a former major player in the supermarket business, filed for bankruptcy in 2010, and may be going in that direction again.

The Great Atlantic & Pacific Tea ...

N.J. Consumers and Their Fight With Sirius XM Radio

N.J. Consumers and Their Fight With Sirius XM Radio
BY JEFF LAMM
SPECIAL TO NEWJERSEYNEWSROOM.COM
NEWARK – New Jersey consumers who believe they are entitled to restitution under a recent multi-state settlement with Sirius XM Radio Inc., must file their ...

10 Reasons Hard Rock Casino Meadowlands Looks Good

10 Reasons Hard Rock Casino Meadowlands Looks Good
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The long anticipated vision of a casino outside of Atlantic City came to light at the Meadowlands on Wednesday.

Hard Rock Casino Meadowlands would be the first of up to ...

Mega Millions Winning Numbers for Tuesday, June 2 Worth $260M

Mega Millions Winning Numbers for Tuesday, June 2 Worth $260M
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

There was no winner in the Mega Millions jackpot drawing on Friday, which means that the top prize is moving into life changing territory.

To put it in simpler terms, ov...

Do’s and Don’ts in Estate Planning

Do’s and Don’ts in Estate Planning
BY JAY. J. FREIREICH, ESQ.
SPECIAL TO NEWJERSEYNEWSROOM.COM

From my years planning estates and seeing what other attorneys have done for clients, both good and bad, this article is to set forth the good...

4 Things Atlantic City Should Get for Expanded NJ Gambling

4 Things Atlantic City Should Get for Expanded NJ Gambling
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Atlantic City has had a monopoly on casino gambling since 1978. For the longest time, that was working out well for the resort city.

Since then casino gambling has been ...

Mega Millions Winning Numbers for Friday Worth $233 M

Mega Millions Winning Numbers for Friday Worth $233 M
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The Mega Millions jackpot is rising right along with our local temperatures.

A day after our unofficial start to summer on Memorial Day, the Mega Millions jackpot rolled...

N.J. Scam: Stealing 19 Cars by Using Counterfeit Checks

N.J. Scam: Stealing 19 Cars by Using Counterfeit Checks
BY PETER ASELTINE
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON – Acting Attorney General John J. Hoffman announced that a Newark, N.J., man pleaded guilty today to carrying out a scheme in which he used fal...

  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »
Page 1 of 225

Follow/join us

Twitter: njnewsroom Linked In Group: 2483509