Caesars intends to close the Showboat in Atlantic City on August 31; three other New Jersey casinos will also be shutdowns that are facing. (Image: Atlantic-City-Guidebook.com)
With four Atlantic City casinos potentially closing this many in the city as well as greater New Jersey are understandably shocked year. Keeping those casinos open only a longer that is little help soften the blow a little by providing employees and officials more time for you to policy for the future. But while that might be nice, state officials say they cannot force those casinos to remain in operation if the properties want to power down.
New Jersey state casino regulators have said while they wait to see if new buyers can be found that they cannot force two casino owners to stay open for an additional four months. The two casinos, the Showboat and Trump Plaza, are both expected to close this summer.
Private Business Decision
Final month, State Senator James Whelan, along with Assemblymen Vince Mazzeo and Chris Brown, had asked the brand New Jersey Casino Control Commission (NJCCC) to force both of those casinos to stay available for a number of months past their intended closing dates. But, NJCCC Chairman Matthew Levinson published straight back earlier this month to state that determining a closing date is a decision that belongs to those organizations alone, and sits far beyond the commission’s authority.
‘ The commission simply does (more…)