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The study’s conclusion was apocalyptic and predicted either a contraction of industry EBITDA to some 5 million at best (from then current 4 million) or the closure of three to five Atlantic City casinos. It is the same thing as any other con – from Bernie Madoff to Charles Ponzi – they say it convincingly and we fall for it, only to pay a heavy price later. The gambling operator recently announced that as many as 2,3...
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The study’s conclusion was apocalyptic and predicted either a contraction of industry EBITDA to some 5 million at best (from then current 4 million) or the closure of three to five Atlantic City casinos.”World Casino News editors have reviewed several video commercials from North Jersey casino opponent, Trenton’s Bad Bet, and although they do seem to be playing to voter discouragement with government, lack of trust in lawmakers, fears of job losses and economic calamity, school cuts, infrastructure cuts, and increases in property taxes, we have not seen some of the tactics used in other campaigns such as fear mongering about crime, prostitution, and drugs. However, the study was one-sided and incomplete in that it, “did not analyze or quantify the offsetting economic impacts of casino expansion in northern New Jersey,” according to the 110-page document’s Executive Summary (PDF)....
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Many may not be aware of other profitable casinos that closed for various reasons or the deals made by other operators and deed restrictions put in place in order to reduce competition in Atlantic City so the remaining casinos would have a better chance.”World Casino News editors have reviewed several video commercials from North Jersey casino opponent, Trenton’s Bad Bet, and although they do seem to be playing to voter discouragement with government, lack of trust in lawmakers, fears of job losses and economic calamity, school cuts, infrastructure cuts, and increases in property taxes, we have not seen some of the tactics used in other campaigns such as fear mongering about crime, prostitution, and drugs. So far over million has been spent by both sides to earn hearts and minds at the ballot box, and if you look at the most scientific of polls (Monmouth in June and Rutgers-Eagleton in Nov....
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”World Casino News editors have reviewed several video commercials from North Jersey casino opponent, Trenton’s Bad Bet, and although they do seem to be playing to voter discouragement with government, lack of trust in lawmakers, fears of job losses and economic calamity, school cuts, infrastructure cuts, and increases in property taxes, we have not seen some of the tactics used in other campaigns such as fear mongering about crime, prostitution, and drugs. “North Jersey Casino supporters; this tells us it’s not over.”World Casino News editors have reviewed several video commercials from North Jersey casino opponent, Trenton’s Bad Bet, and although they do seem to be playing to voter discouragement with government, lack of trust in lawmakers, fears of job losses and economic calamity, school cuts, infrastructure cuts, and increases in property taxes, we have not seen some of the tactics used in other campaigns such as fear mongering about crime, prostitution, and drugs....
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So far over million has been spent by both sides to earn hearts and minds at the ballot box, and if you look at the most scientific of polls (Monmouth in June and Rutgers-Eagleton in Nov. “North Jersey Casino supporters; this tells us it’s not over. One reason for that could be that a major funding source for Trenton’s Bad Bet is Resorts World Casino New York, and one of the other opponent groups, “No North Jersey Casinos” counts as its most prominent members the Southern New Jersey Chamber of Commerce and the Greater Atlantic City Chamber, whose interests obviously align with those of Atlantic City casinos....
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