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NJ Democrats to propose letting Casino Reinvestment Development Authority run ... - The Star-Ledger - NJ.com

Saturday, 13 November 2010 09:10 administrator
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Published: Saturday, November 13, 2010, 10:04 AM     Updated: Saturday, November 13, 2010, 10:05 AM

ATLANTIC CITY — New Jersey Democrats are working on legislation that would give the Casino Reinvestment Development Authority broad powers to create and run an Atlantic City tourism district.

The Press

of Atlantic City reported on its website Friday that the proposal is contained in draft legislation scheduled to be heard Monday by a state Senate committee.

Under the bill, the CRDA also would be responsible for marketing the casino resort.

The proposal differs from a plan proposed by Republican Gov. Chris Christie. He wants to create a new state authority to market the resort in partnership with the casino companies.

The Democrats' bill also calls for a renewed purse subsidy for the state's horse racing industry. Christie wants to eliminate the subsidy.

Related coverage:

• N.J. casino commission could be stripped of most of its authority

• Christie says he wants to save N.J. horse racing industry, but not with state subsidies

• N.J. Democrats push for legalized internet betting for Atlantic City's casinos

• Atlantic City agrees to state control over finances



Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFAsWEeRHmV3QLIIXr3Popx62-BwA&url=http://www.nj.com/news/index.ssf/2010/11/nj_democrats_to_propose_giving.html

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