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Liberty rising casino Report: Liberty Rising, story hotel and casino, possible for Jersey City - Hudson County View

While there are no guarantees that a question about bringing casinos to North Jersey will be on the ballot in November, billionaire Paul Liberty rising casino is still planning the Liberty Rising project: Fireman, the founder of sports apparel company Reebok, is aiming for a 1,key luxury hotel, which would include tons of restaurants and a theater liberty rising casino located at Caven Point Road, according to the report which is subscription only, so a summary can be read in New York Yimby.

Assembly Speaker Vincent Prieto told Hudson County View last week that Liberty rising casino Jersey casinos are necessary to bring revenue back into the Garden State. An email to Jersey City spokeswoman Jennifer Morrill asking what the city thought about the potential project was not immediately returned, but this story will liberty rising casino updated in the event comment is given.

Since it will be at river edge, and gravity pushed, I somehow suspect, it will be liberty rising casino into Atlantic Ocean via upper and lower n y bays. Home This web page City Report: Liberty Rising, story hotel and casino, possible for Jersey City.

Jersey City News Report: Liberty Rising, story hotel and casino, possible for Jersey City By. A rendering of the potential Liberty Rising hotel and casino by Friedmutter Group Go here. Related Posts Friends of Liberty State Park urge Jersey City residents to vote against casino As North Jersey casino question looms, pro-Jersey City casino website launches Poll: Are North Jersey casinos essential to generating revenues in New Jersey?

Fulop again defends Jersey City casino, but stresses local voters will decide Fulop: TAGS liberty rising north jersey casinos. Previous article Republican LD Assembly liberty rising casino Kopko slams HCDO, Prieto responds. Next article Romano ousts Cryan as Hoboken Democratic Chairman at chaotic meeting.

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Liberty rising casino Reebok Founder Proposes Story Tower With Casino for Jersey City - The New York Times

A rendering of the proposed Liberty Rising casino that venture capitalist Paul Fireman hopes to build in Jersey City. The would-be developers of two North Jersey casinos say time is running out for state lawmakers to draft legislation laying out the details of their plans for gambling outside of Atlantic City.

With a ballot referendum just two months away, and public polling showing a chilly reception for the idea of allowing billion-dollar resorts up north, the two developers say the casino hiring macau of details about tax rates, location and other regulations threatens to undermine the entire effort and turn voters against the idea.

The November referendum, approved by the Legislature and Gov. Chris Christie after months of Democratic infighting, gives voters just a few certainties about what they would be agreeing to.

It would permit two new casinos in two separate counties at least 72 miles from Atlantic City, where any existing casino owners would get a first shot at applying source licenses.

Some of the tax revenue would go to struggling Atlantic City, some to liberty rising casino and the disabled. Even before the ad campaign, voters were poised to reject the referendum, according to a Fairleigh Dickinson University PublicMind poll released in July. About 57 percent of voters were opposed and 35 percent were in favor.

Fireman and Jeff Gural, a developer who runs the Meadowlands Racetrack and wants to liberty rising casino a Hard Rock casino there — worth a little more than liberty rising casino billion-dollar threshold — liberty rising casino lawmakers are leaving themselves vulnerable by not settling on some of the fundamental details of what would happen if the measure read more approved.

The two men are funding liberty rising casino pro-casino ad campaign that aims to spend tens of millions of dollars, but they say it may not be enough if there are open questions in voters' minds. If the past year is any sign of things to liberty rising casino, one thing is clear: Legislative leaders and the governor are likely to argue at length over the details.

After reaching an agreement on the casino ballot measure earlier this year, Democratic leadership in the two houses were in open civil war over how to rescue Atlantic City and, more recently, there have been disagreements on multiple fronts over legislation to replenish the insolvent Transportation Trust Fund. Already, lawmakers seem far apart on the casino tax issue. Caputo suggested in the spring that new casinos could support a 40 percent to 60 percent tax rate, compared to the roughly 8 percent paid in Atlantic City.

If just liberty rising casino casino please click for source open, he said, he could afford to pay a higher tax rate.

Casinos in Pennsylvania pay about 55 percent for slot machines and 14 percent for table games. After two casinos are open, he says, he could afford to pay a 30 percent to 35 percent tax rate on gambling revenue.

But Fireman, who was the chairman and chief executive of sneaker company Reebok, plans a larger facility — worth three times as much. Dubbed Liberty Rising, the resort liberty rising casino be built on liberty rising casino property of Liberty National Golf Club in Jersey City, which he opened a decade ago on online scratch casino site of a former tank storage yard owned by Standard Oil.

He envisions a liberty rising casino reaching nearly 90 stories, a 1,room hotel, more than a dozen restaurants, the casino, spa facilities and an indoor marina. Ferries would jet across the New York rivers to transport patrons to the facility. That level of investment, he says, would make it impossible to pay as high a tax rate as a less expensive casino. He and Gural suggest a sliding tax scale that could accommodate plans of both sizes, with different audiences in mind.

Caputo, despite his remarks in the spring about a tax rate as high as 60 percent, said he was supportive of the concept. Magazine Home Today's Cover Opinion Latest Stories Weekly Email Liberty rising casino What Works. Account Details Log In Log Out. Europe Edition POLITICO Florida Liberty rising casino New Jersey POLITICO New York.

Sections Congress Liberty rising casino House Magazine The Agenda Latest Election Results. Liberty rising casino Live POLITICO Liberty rising casino Home Upcoming Events Liberty rising casino Events About POLITICO Live. Multimedia All Video POLITICO Podcasts Playback. Series What Works Women Rule POLITICO Caucus Agenda The First Days: Would-be North Jersey casino developers say time's running out. Share on Facebook Share on Twitter.

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