For the time being, Atlantic City will retain its monopoly on brick-and-mortar casinos in New Jersey. Which, most people would agree is a good call. After all, the online casino market is booming in the Garden State. And, that fact alone provides enough reason to pass on a possible expansion plan. All of this comes after New Jersey Senate President Stephen Sweeney made it clear that this just isn’t going to happen.
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All in Favor
Back in 2016, NJ voters overwhelmingly struck down a ballot referendum to end Atlantic City’s reign over the casino industry. To nobody’s surprise, New Jerseyan’s stuck together on this matter with 78% voting No. Besides that, Sweeney said, “I don’t see any way where it comes back. It was crushed”
So at least for now, plans to expand north of Atlantic City are completely off the table. As for Jeff Gural, the owner of the Meadowlands, this means he also won’t be able to transform his property into a casino resort as he hoped. However, he’s going to continue seeking support. Once he has adequate backing, then he’s going to push for another vote in the matter. But with only 22% in favour of the plan, it’s not likely those numbers will budge much, at least not anytime soon.
Money Can’t Buy Everything
According to Gural, he was proposing a $1 Billion casino resort venture with Hard Rock. Unfortunately, that wasn’t enough to win over the hearts of the voters. And now that the online casino market has spread all across NJ, Atlantic City is state-wide. In fact, you can have your own slice of Atlantic City no matter where you’re at in the state.
For example, Borgata’s online casino winners consistently win thousands of dollars every day. And people are winning all this cash from all over NJ. Not to mention, the Golden Nugget has the best online casino offering in the state. Overall, Atlantic City is now mobile, and there’s just no need or demand to build new casinos outside of the city, case closed.