Statement from the Casino Association of New Jersey
Posted in: Press Releases on Friday, April 29, 2016
(April 29, 2016 – Atlantic City) As the Association that represents the casinos and its over 20,000 employees, we think it is imperative that the State Assembly act immediately and enact a legislative package (whatever format that may be) to avoid material negative consequences for the casinos, our employees, the Atlantic City community and communities throughout the state who no doubt will feel the effects if the state fails to act. We understand that the two different pieces of legislation proposed by the Senate President and Assembly Speaker are each intended to provide immediate funding for the City and address changes required in City spending. Either of these packages will move this along and prevent material negative consequences to many stakeholders. We are all now on the edge of the abyss and this impasse must end. For every parties’ sake, we urge immediate legislative action so the political process can determine which bill to implement. More specifically, we are urging Assembly Speaker Prieto to post his Bill. If there is not support in the Assembly for Speaker Prieto’s Bill, then we urge the Speaker to post the Senate Bill for a vote immediately thereafter. This ongoing saga must come to an end to stop the negative economic impact that has already been felt in South Jersey and avoid what will be real economic consequences for businesses and residents throughout the State. ###
Statement from Casino Association of New Jersey
Posted in: Press Releases on Wednesday, March 23, 2016
(March 23, 2016 – Atlantic City) – There is agreement among everyone with a stake in Atlantic City’s future that the city’s financial situation is dire. Well over a year ago, state lawmakers stepped in to propose legislation that would have moved the city along the road to fiscal health. Politics and inertia have combined to form an impasse and with each day that passes, the situation becomes more grave. The inability to enact legislation to address our region’s very unique situation has left city residents, the industry, and the hardworking families that rely on casinos and other city businesses for their livelihood in limbo with no path forward. We once again call on our state’s lawmakers and the administration to move forward with a plan for Atlantic City and end the stalemate that threatens the city’s future. There is still time to salvage a viable solution, but clearly the time to act is now.
CANJ 11/9/15 statement regarding conditional veto of AC Economic Revitalization legislation
Posted in: Press Releases on Monday, November 09, 2015
The Casino Association of New Jersey (CANJ) issues this statement in response to Governor Christie’s Conditional Veto of the Atlantic City Economic Revitalization legislation. We are disappointed that the Governor conditionally vetoed the package of bills designed to help revitalize Atlantic City. As we have repeatedly said, these bills are vital to establishing a viable path forward out of the city’s financial crisis. That crisis has threatened the continued sustainability of the casino industry and the economic benefits it generates, including thousands of jobs held by our employees. Every day that passes jeopardizes the financial stability this legislation would achieve and also threatens not only our employees, but also non-casino Atlantic City businesses as well as residents and taxpayers across the county. We implore the necessary parties to quickly convene and resolve all open issues as soon as possible so that the legislature can address the Governor’s action. ###
CANJ Statement Regarding AC Economic Revitalization Legislation
Posted in: Press Releases on Monday, August 31, 2015
As the clock continues to tick while we wait for Governor Christie to sign the Atlantic City Revitalization legislation, the price of inaction continues to grow and the fate of Atlantic City and the region hang in the balance. It has been two months since the legislature overwhelmingly passed the economic revitalization legislation, and yet the bills are still not signed.
CANJ Statement on AC Economic Revitalization Legislation
Posted in: Press Releases on Wednesday, August 05, 2015
The Casino Association of New Jersey (CANJ) issues this Statement in response to recent reporting on the status of the Atlantic City Economic Revitalization legislation (S2572/A3981, S2574-S2576/A3983-A3985) and questions as to what is delaying its enactment.
Statement from Casino Association of New Jersey regarding
Posted in: Press Releases on Thursday, June 25, 2015
(June 25, 2015 – Atlantic City) – The Casino Association of New Jersey (CANJ) commends the Senate on the passage of the Atlantic City economic revitalization legislation (S2572, S2574-S2576). We appreciate the commitment and leadership of Senate President Stephen Sweeney and Senator Jim Whelan, who were instrumental in devising the legislation and bringing key stakeholders together.