New Jersey Governor Supports Expanding Casinos Beyond Atlantic City

New Jersey Gov. Phil Murphy has actually shown that he would consider opening the casino video gaming market beyond Atlantic City onto the main and northern parts of the Garden State. Murphy's remarks come in the middle of growing concern about increased competition across the Hudson River in New York, where state legislators are wanting to authorize up to three full-blown gambling establishments in or near New York City.


New Jersey Governor Phil Murphy stated he will consider expanding gambling beyond Atlantic City.
The move comes as a reaction to the possible competitive threat of three casinos in the New York City location.
Despite tally rejection in 2016, market forces continue to propel the state's casino growth case.


When spoken with by The Press of Atlantic City, Gov. Murphy admitted to the potential danger this movement would posture to Atlantic City's financial health. However, he worried how substantial it was to keep video gaming and tourist dollars in New Jersey, specifically if New york city's brand-new casinos would be appropriating a considerable percentage of the existing client base.


Murphy called his position practical and continued that New Jersey must be practical in a quote to maintain its market share under pressure from the outside.


Gov. Murphy was determined that whatever development did take place would have to be closely kept an eye on for its wider economic effect. While Atlantic City has recently been showing indications of a strong rebound, particularly over the high summertime season, the guv was eager to secure its gains even as he aimed to other parts of the state for brand-new sources of income.


Although no main proposal exists, Gov. Murphy's willingness is a shift in tone from previous state policy. In 2016, New Jersey citizens rejected a tally concern to permit casinos beyond Atlantic City by almost four-to-one.