CASINOS

Christie Signs 'Boutique' Casino Bill

By Mike Pritchard
Add Comment Add Comment | Comments: 0 | Posted Jan. 6, 2011

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NJ Gov. Chris Christie speaking with Atlantic City Mayor Lorenzo Langford in July 2010.

Photo by Donald B. Kravitz

Gov. Chris Christie Wednesday signed legislation to allow for two “Boutique” casinos to be built in Atlantic City.

The legislation allows for two casino projects to be built with a minimum of 200 hotel rooms, lower than the 500 now required.

Christie says he signed the bill as part of ongoing efforts to spur Atlantic City’s economy and create jobs.

 “This bill will provide a boost to the engines of Atlantic City and the regional economy, bringing badly needed jobs to the area and signaling the re-emergence of world-class entertainment,” said Christie is a press release. “While this is an important step in meeting our commitment to revitalize Atlantic City as a premier destination resort, we have more work to do in laying the foundation for growth in this critical area of our economy.”

Several other measures to help the city are scheduled to be voted on by the state Assembly in coming days including the creation of a state-run tourism district in the city (to be run by the Casino Reinvestment Development Authority), allowing online gaming, limited to state residents, and streamlining casino regulations and oversight.

The bill allowing for smaller casinos, S-1866, “revises State law to authorize the Casino Control Commission to issue casino licenses for “small scale” and “staged” casino facilities. These facilities will be permitted to have a minimum of 200 bedrooms, as opposed to the 500-bedroom minimum imposed under current law. Under the law, a small-scale casino can remain at 200 rooms, but a staged casino will be required to expand to a full-scale casino (i.e., 500 rooms) within 5 years.

The bill limits the Commission to issuing a maximum of two new licenses, at least one of which shall be for a staged casino, and licensees will be required to construct new facilities that are adjacent to the Boardwalk, as opposed to rehabilitating existing facilities or building within the Marina zone.”

Hard Rock Cafe International, has already expressed interest in building a $450 million casino in the city if the legislation passed.

The legislation was sponsored by state Senators Whelan (D-Atlantic) and Kyrillos (R-Middlesex, Monmouth), as well as state Assemblymembers Burzichelli (D-Salem, Cumberland, Gloucester), Polistina (R-Atlantic), Amodeo (R-Atlantic), and Moriarty (D-Camden, Gloucester).

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