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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.estion now, and it is no wonder as they were all done by South Jersey interests,” said Ron Simoncini, Executive Director for the North Jersey Gaming Advocates. 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....
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We have been bullied into not voting or voting no by casino owners from New York protecting their own interests with scandalously false advertising and their partners from South Jersey who are unadvisedly holding onto this pipe dream that Atlantic City is coming back,” according to the release.estion now, and it is no wonder as they were all done by South Jersey interests,” said Ron Simoncini, Executive Director for the North Jersey Gaming Advocates.The singular known economic impact study on the issue, prepared by gaming analysts at the request of Resorts Casino, is where the numbers are to be found....
The gambling operator recently announced that as many as 2,3 If the constitutional amendment goes down to defeat, casino advocates and their adversaries will have two years to sharpen their game plans, influence lawmakers in crafting a new law, and commission the truly comprehensive studies that New Jersey voters will likely insist upon. 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....
