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Lawmaker: 4 Atlantic City casinos may close without tax aid

A top New Jersey politician says four of Atlantic City's nine casinos are in danger of closing if the state does not pass a financial aid bill for the gambling industry.

Associated Press

Dec 7, 2021, 10:48 AM

Updated 929 days ago

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A top New Jersey politician says four of Atlantic City's nine casinos are in danger of closing if the state does not pass a financial aid bill for the gambling industry.
Democrat Steve Sweeney says individual casinos and their trade association have convinced him that nearly half the city's casinos could shut down if a bill changing the existing law governing payments the casinos make in lieu of property taxes is not passed.
The measure was advanced by a Senate committee Monday but still needs approval by both houses of the Legislature.


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