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Re: CASINO - The Dream for Meadowlands -- MANZO'S GAMBLE
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Just can't stay away
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Read all the objections to a casino in Buffalo, NY to learn about the downside of making gambling easy. Apparently, the poor succumb to the slots and get even poorer.
Actually, I always thought the Power House would make a great casino - great location, cool architecture with something like 16 million people within an hour. Make it a car free zone - so 'hood doesn't get inundated with traffic. Maybe even some legal brothels. Play our cards right, so to speak, and we could have money rolling in and lots of good jobs. I wouldn't even mind, if like in Monaco, residents are forbidden to enter the casinos (that's what it was like when I was young, not sure if that rule is still in effect). Substitute Jersey City for Monte Carlo in the lyrics below: http://www.know-britain.com/songs/man ... oke_bank_monte_carlo.html
Posted on: 2007/2/21 14:58
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CASINO - The Dream for Meadowlands -- MANZO'S GAMBLE
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Home away from home
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Casino - the dream for Meadowlands
MANZO'S GAMBLE Wednesday, February 21, 2007 By CHARLES HACK JOURNAL STAFF WRITER A Hudson County assemblyman is hoping to slash the state's yawning deficit by turning the Meadowlands into the high-rolling capital of northern New Jersey. Assemblyman Louis Manzo, D-Jersey City, wants to amend the New Jersey constitution to allow the Legislature to permit casinos to be built in the Meadowlands. He also envisions an amendment to allow slot machines at the Meadowlands Racetrack. A spokesman for Gov. Jon Corzine's office said that the administration has not seen the assemblyman's bills, and it will be reviewed once they have been introduced. Manzo outlined his proposals in a letter to the chairman of the Assembly Tourism and Gaming Committee, Assemblyman Jeff Van Drew, D-Cape May. Currently, casino-type gambling in the state is permitted only in Atlantic City. Rather than hurting the profits of Atlantic City casinos, Manzo said that allowing gambling in the Meadowlands would help make up for revenue that increasingly will be lost to surrounding states. Connecticut has four casinos. New York Gov. Elliot Spitzer just announced a new casino next to the Monticello Raceway, in the Catskills, and a casino is being proposed in the Poconos in Pennsylvania. Manzo said that he envisions just one casino being built at the Meadowlands. He said that the number of slot machines would be determined by a formula based on the population and other factors. "We don't want to hurt Atlantic City," said Manzo. "Meadowlands could work as well as Reno works for Nevada - without hurting Las Vegas." The fortunes of the casino would be tied to Xanadu, the controversial retail and entertainment complex planned for the Meadowlands. "The Meadowlands could be the center of entertainment in north New Jersey," Manzo said. "It would be a financial bonanza for the state." Manzo is opposed to legislation by state Sen. Ray Lesniak, D-Elizabeth, that would lease the New Jersey Turnpike to private investors as a way to raise revenue. He said that taxing Meadowlands gambling profits by 50 percent would make a significant dent in the debt - estimated at $30 billion. Manzo said he hopes the revenue generated from a casino and slot machines would reduce the need to cut funding for social programs and avert a sale of the state's toll roads. Van Drew's office did not return calls last night.
Posted on: 2007/2/21 11:30
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