EAST RUTHERFORD, N.J. (AP) - Plans call for naming a new casino just outside New York City the Hard Rock Casino Meadowlands.
EAST RUTHERFORD, N.J. (AP) — Plans call for naming a new casino just outside New York City the Hard Rock Casino Meadowlands.
Hard Rock International and the Meadowlands Racetrack on Wednesday unveiled details about the project, which could generate $500 million in tax revenue for New Jersey.
Experts say the casino could be one of the nation's most successful. But Atlantic City fears it could put it out of business.
The New Jersey Constitution would need to be amended to allow it, and lawmakers are taking steps to put the issue before voters in November.
Atlantic City has opposed every attempt to even consider legislation expanding casino gambling beyond its borders. Last year, four of the city's 12 casinos shut down, and gambling revenue has been falling steadily for eight years, even without in-state competition.