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The MLCVB information campaign goes on to state that, “The truth is that despite the claims in their evil commercial, the introduction of this Referendum does not add to crime, it does not allow casinos to be built in any location, it will not increase property taxes and it has nothing to do with the performance of our schools,” and concludes, “The problem is that we in New Jersey are so discouraged by our own government that we are willing to bthebes cas ino 80 gjwcelieve almost anything no matter how ridiculous.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. “North Jersey Casino supporters; this tells us it’s not over....
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While that property may have fallen into disrepair, most people in the state arethebes cas ino 80 gjwc aware of the reasons for its demise. 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.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....
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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.What the commercials don’t do is explain how or why opening two casinos in North Jersey, each with a minimum billion investment and available first to existing Atlantic City operators, would create the sort of economic hellscape the advertisements portend. 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....
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What the commercials don’t do is explain how or why opening two casinos in North Jersey, each with a minimum billion investment and available first to existing Atlantic City operators, would create the sort of economic hellscape the advertisements portend.Although previous polling may have been commissioned by out of state casino interests protecting their markets, the methodology of the latest Rutgers-Eagleton Poll should be considered viable and unbiased in the absence of any specific weighting or balancing that could sully the results.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....
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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. 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. 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....
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