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New Jersey Governor Chris Christie Calls for Atlantic City Budget Slim Down for Municipal Workers

By |2월 28th, 2020|

 New Jersey Governor Chris Christie Calls for Atlantic City Budget Slim Down for Municipal Workers

New Jersey Governor Chris Christie is no longer crisscrossing the country on the presidential campaign trail, and therefore the Republican, now in his second gubernatorial term, has more time and energy to refocus his efforts on issues facing his or her own state.

Nj-new Jersey Governor Chris Christie said enough will do on Thursday, calling on state lawmakers to take close control of the city. He made his instance equipped with colorful graphs showing the reckless overspending that’s become rampant in Atlantic City.

No concern is more vital in New Jersey right now than Atlantic City’s current crisis that is financial. On Thursday, Christie told his fellow legislators that it’s in the city’s interest that is best allowing the state to assume control of its funds.

‘Even because of the support and also the advice for the Emergency Manager that we applied in 2015, Atlantic City took only modest steps to rein their costs in,’ Christie said at the statehouse this week. ‘They face a $100 million budget shortfall this year, $100 million budget deficit this present year . . . They are the numbers, this might be the math, and these are the reality, and there is no debate about any of it.’

Park Destination & Boardwalk Salaries

In Christie’s arguments, the governor highlighted exactly raging rhino slots free play what he believes to be gross overspending on municipal workers. Armed with charts and grap […]

Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement

By |1월 9th, 2020|

Casino News: Group Purchases Resorts World Catskills, Jerry Jones Gets Endorsement

This week’s casino news follows up on an account from last week in which the Resorts World Catskills ended up being nearing bankruptcy. Fast forward to this week and they’ve found a remedy to their woes that are financial.

Genting Group Purchases Upstate Brand New York Casino

The other day, it absolutely was reported that the Resorts World Catskills was on the brink of bankruptcy. This week, they have discovered a customer to help them get out of monetary trouble.

The Genting Group has bought the Resorts World Catskills from Empire Resorts. The announcement comes significantly less than two weeks after the casino’s parent company considered filing for Chapter 11 bankruptcy. Empire Resorts announced the sale along with of the remaining shares of its $1.2 billion Las Vegas-style casino in Monticello set to transfer over to the Genting Group within the deal.

The Genting Group had been currently the investor that is largest in this specific casino, owning 86-percent of the stocks before they completed their most recent deal. According to reports, the Genting Group purchased the remaining shares at about 15-percent more than their current market value. As a result of its purchase that is latest, Genting Group now has a total of 40 casinos in its portfolio. Year the expectation is that the sale is to be completed at some point before the end of the calendar.

Las Vegas Sands Corp Facing $12 Billion […]