Instead of paying on assessments like any other landowner in Atlantic County, the casinos jointly pay $120 million each year. A recently introduced lawsuit against New Jersey argues that violates the state’s constitution.<\/p>\n
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Atlantic County Executive Dennis Levinson believes it’s an unfair tax scheme that benefits the casinos, and costs his county millions of dollars. “Opposition to the PILOT is not an issue of Atlantic County versus Atlantic City. It is about property tax fairness,” Levinson wrote recently in an op-ed.<\/p>\n<\/div>\n
Atlantic County is was raising taxes on its citizens in all but two of its 21 municipalities. Levinson’s son, Matthew, is the chairman of the New Jersey Casino Control Commission, and has been at the center of the Straub feud.<\/p>\n","protected":false},"excerpt":{"rendered":"
MGM Resorts and Caesars Entertainment are prepared to make further investments in Atlantic City, as the fiscally troubled oceanfront gambling town slowly begins to reverse its dire economic course. New Jersey Governor Chris Christie (R) says the state will be there to help, with new relief programs on the way for the casino companies still […]<\/p>\n","protected":false},"author":42,"featured_media":51532,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18,61],"tags":[],"acf":[],"yoast_head":"\n
MGM Resorts and Caesars Ready to Invest in Atlantic City<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n