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Meadowlands Casino Debated at East Coast Gaming Congress

The Meadowlands Sports Complex has long attracted fans from New York, and a casino is hoped by some lawmakers here could perform some same. (Image: Wikimedia Commons)

Since brand New Jersey first legalized casino gambling in 1976, it is often grasped that casinos were only meant for Atlantic City within the Garden State. That made sense, at least at the time: the resort city had fallen out of favor with tourists, and gambling was viewed as a way to bring money back in the economy that is local. However with increasing competition from Pennsylvania and also the specter of New York gambling enterprises regarding the horizon, some in hawaii now want to create a casino in a location that could compete with venues directly in neighboring states.

The concept of putting a casino in the Meadowlands located simply outside of New York City was floated week that is again last the East Coast Gaming Congress in Atlantic City, attracting support along with concern from those in attendance.

'A casino in north Jersey, to be taxed at 50 or 60 percent, we could do a billion dollars in that location,' stated Assemblyman Ralph Caputo, a Democrat. 'we have to be fighting for those clients. That is just what Pennsylvania is doing. That's just what New York wants to complete.'

Beating New York to the marketplace

Caputo's idea would be to get a casino built within the Meadowlands before one is created in ny City. While the state of