New Jersey's Casino Shutdown Finally Lifted
9 July 2006
According to a recent report, New Jersey's casino facilities have finally reopened for business, ending a three-day shutdown triggered by the state legislature's budget deadlock. The gaming venues, which normally collect as much as $5 billion in gambling revenues on an annual basis, reportedly suffered a loss of about $18 million each day they were closed.
New Jersey's unprecedented casino shutdown occurred because lawmakers failed to pass a budget by the constitutionally mandated July 1st deadline. Governor Jon S. Corzine ordered the dismissal of approximately 45,000 state employees, including the casino inspectors required by New Jersey law to supervise operations in Atlantic City's casinos. The governor ultimately lifted his shutdown order after the $30.9 billion budget was finally approved.
Following the shutdown, Joseph A. Corbo, Jr., president of the Casino Association of New Jersey, was reported as saying that casinos would insist that the government either make casino inspectors essential state employees or grant independence to the state's Casino Control Commission, in hopes to avoid similar shutdowns in the future.
Source: Authorized Online Casinos News Staff
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