For Atlantic City casino operators, two out of three ain’t bad.
The New Jersey Legislature on Thursday passed two bills designed to give them financial relief in the wake of the COVID-19 pandemic, though a third such bill was tabled.
Assembly bill A4032 gives approval for a reduction in gross gaming revenue taxes for a one-year period that began on July 2, when eight of the city’s nine casinos opened after being shut down since mid-March due to the pandemic.