A group of Senate and Assembly leaders today called for a “gaming summit” to craft a constitutional amendment that would include comprehensive solutions for maximizing revenues to ensure the long-term viability of the state’s struggling gaming and entertainment industries.
Senate President Stephen M. Sweeney, Senators Raymond J. Lesniak, Jim Whelan and Jeff Van Drew, and Assemblyman John Burzichelli said the effort would bring together lawmakers, industry leaders and policy experts.
“Casinos and racetracks are more than just places to spend a day and wager a few bucks – they are major employers,” said Van Drew (D-Cape May/Atlantic/Cumberland). “Fixing what’s wrong with New Jersey’s gaming industry isn’t just about bringing in more revenues. It’s also about ensuring secure jobs for thousands of New Jerseyans and protecting the quality of life for entire communities.”
The lawmakers said absent such a solution, New Jersey will continue to lose revenues to out-of-state casino competition and attendance at the state’s three horse-racing venues will continue to stagnate.