While I don't think it will really happen, some interesting tidbits concerning the possible closure of the Atlantic City Casinos, this weekend.
"The state Casino Control Commission met Friday afternoon and voted 5-0 to authorize "orderly closure" of the 12 casinos should Corzine order a government shutdown. Casino executives asked that they be given days rather than hours to prepare."
Casinos, which require monitoring by state gambling regulators to operate, lost a bid in Superior Court in Atlantic City on Friday to get state monitors declared "essential employees" who could keep working during a shutdown.
Judge Steven Perskie said that while he thought the casinos should remain open, he did not have the authority to tell the governor what to do. He said a higher court would have to make that ruling. Casino officials said they were to file briefs with the appeals court by 8 p.m.
"It's very hard for me to attempt to find the words to express how irreparable, how damaging, how catastrophic this would be for the people of this state — not just the licensees — but the people," Perskie said.
Joseph A. Corbo Jr., a vice president at the Borgata Hotel Casino & Spa and head of the state casino association, said if casinos were forced to close for the five-day holiday weekend, it would cost the state $10 million in tax revenue and casino workers about $3 million a day in wages and tips.
"We believe that it would be counterproductive for the state, which is in a budget crisis, to close businesses that generate millions of tax revenues, particularly since we directly pay for the state employees who regulate our casinos," Corbo said.
"The state Casino Control Commission met Friday afternoon and voted 5-0 to authorize "orderly closure" of the 12 casinos should Corzine order a government shutdown. Casino executives asked that they be given days rather than hours to prepare."
Casinos, which require monitoring by state gambling regulators to operate, lost a bid in Superior Court in Atlantic City on Friday to get state monitors declared "essential employees" who could keep working during a shutdown.
Judge Steven Perskie said that while he thought the casinos should remain open, he did not have the authority to tell the governor what to do. He said a higher court would have to make that ruling. Casino officials said they were to file briefs with the appeals court by 8 p.m.
"It's very hard for me to attempt to find the words to express how irreparable, how damaging, how catastrophic this would be for the people of this state — not just the licensees — but the people," Perskie said.
Joseph A. Corbo Jr., a vice president at the Borgata Hotel Casino & Spa and head of the state casino association, said if casinos were forced to close for the five-day holiday weekend, it would cost the state $10 million in tax revenue and casino workers about $3 million a day in wages and tips.
"We believe that it would be counterproductive for the state, which is in a budget crisis, to close businesses that generate millions of tax revenues, particularly since we directly pay for the state employees who regulate our casinos," Corbo said.
Post a Comment
Tie Bets
- Wizard of Odds Baccarat
- Five Hundy by Midnight, The Original Las Vegas Podcast
- Two Way Hard Three
- Vegas Gang Podcast
- Cocktail Doll... a must read !
- FlyerTalk Vegas
- LVA forums
- Vegas Tripping
- VegasRex
- vpfree2
Friends Linkage
Archives
- 10/08/05
- 12/04/05
- 01/19/06
- 01/21/06
- 01/23/06
- 01/24/06
- 01/25/06
- 01/26/06
- 01/27/06
- 01/28/06
- 01/29/06
- 02/05/06
- 02/15/06
- 03/02/06
- 04/02/06
- 04/10/06
- 04/20/06
- 04/24/06
- 05/07/06
- 05/09/06
- 05/10/06
- 05/15/06
- 05/16/06
- 05/27/06
- 06/06/06
- 06/08/06
- 06/09/06
- 06/10/06
- 06/11/06
- 06/12/06
- 06/13/06
- 06/14/06
- 06/15/06
- 06/16/06
- 06/21/06
- 06/23/06
- 06/30/06
- 07/01/06
- 07/04/06
- 07/05/06
- 07/06/06
- 07/08/06
- 07/17/06
- 09/02/06
- 09/26/06
- 10/07/06
- 10/24/06
- 10/25/06
- 10/30/06
- 11/04/06
- 11/05/06
- 11/18/06
- 11/19/06
- 12/07/06
- 12/11/06
- 12/20/06
- 12/24/06
- 12/25/06
- 12/28/06
- 01/27/07
- 01/28/07
- 03/09/07
- 03/24/07
- 03/25/07
- 05/05/07
- 05/06/07
- 05/08/07
- 06/25/07
- 06/26/07
- 09/15/07
- 09/16/07
- 09/17/07
- 09/29/07
- 10/01/07
- 10/24/07
- 10/27/07
- 10/28/07
- 02/28/08
- 03/01/08
- 03/04/08
- 03/24/08
- 03/30/08
- 04/05/08
- 06/19/08
- 06/21/08
- 06/30/08
- 07/02/08
- 07/03/08
- 09/11/08
- 09/12/08
- 09/13/08
- 10/21/08
- 11/01/08
- 12/14/08
- 12/16/08
- 12/20/08
- 02/25/09
- 03/07/09
- 03/15/09
- 07/15/09
- 08/08/10
- 10/07/10
- 06/17/13
- 08/21/13
This comment has been removed by a blog administrator.
This comment has been removed by a blog administrator.
This comment has been removed by a blog administrator.
This comment has been removed by a blog administrator.
This comment has been removed by a blog administrator.