Christie, Prieto, Sweeney compromise with potential $5B North Jersey casino plan

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Gov. Chris Christie, Assembly Speaker Vincent Prieto (D-32) and Senate Pres. Steve Sweeney (D-3) reached a compromise by introducing a $5 billion casino plan that would potentially create upwards of 12,000 jobs. Chris Christie

By John Heinis/Hudson County View

Christie led off a brief press conference at the statehouse this afternoon to commend Prieto and Sweeney for calling a truce for the sake of the greater good: to create a plan to get a North Jersey casino question on the ballot this year.

While Sweeney’s bill passed in the state Senate, the Assembly did not vote on the measure. Meanwhile, Prieto’s bill was not voted on in either house.

Despite those facts, Prieto is enthusiastic that Atlantic City casino operators would only be able to bid on the two North Jersey casinos if their proposals call for an investment of at least $1 billion each.

Prieto initially wanted only one Atlantic City operators to be able to bid on one casino, while Sweeney was pushing for both from the start.

Since this was the last day of the 2015-2016 legislative session, the matter must pass by a three-fifths majority in the legislature between now and August.

[fve]https://www.youtube.com/watch?v=KwZKKs2lRh8[/fve]


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2 COMMENTS

  1. It’s good to see that when he was under pressure by the big money casino operators, Republicrat Sweeney was able to get his buddy Chris Christie to apply pressure on the Republicans to vote their way. Pretty amazing how Sweeney was afraid to screw around with casino operators and his steel worker buddies, but he never had a problem helping Christie screw teachers, police and firefighters.

  2. So all the casinos down state are going bankrupt and closing and so what makes us think the ones upstate will do any better? This is such a joke.
    Create 12,000 jobs? Bull, the money people have to waste at a casino will be diverted from other consumables and businesses. Most likely an equal number of jobs will be lost.

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