The Meadowlands Sports Complex has long drawn fans from New York, and a casino is hoped by some lawmakers there could do the same. (Image: Wikimedia Commons)
Since brand New Jersey first legalized casino gambling in 1976, it is often understood that casinos were only meant for Atlantic City in the Garden State. That made sense, at least at the time: the resort town had fallen out of favor with tourists, and gambling was viewed as a solution to bring money back into the regional economy. But with increasing competition from Pennsylvania plus the specter of New York casinos regarding the horizon, some in the state now want to create a casino in a location that could directly compete with venues in neighboring states.
The concept of placing a casino within the Meadowlands located just outside of New York City was floated once again final week at the East Coast Gaming Congress in Atlantic City, attracting support in addition to 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,’ said Assemblyman Ralph Caputo, a Democrat. ‘We’ve got to be fighting for those customers. That is what Pennsylvania is doing. That’s what nyc wants doing.’
Beating New York to the Market
Caputo’s idea is always to get a casino built into the Meadowlands before one is created in New York City. The first few licenses are only available in upstate r