05 nov Jeff Gural Believes Competition from Black Diamond Casino West Palm Beach New York Will drive New Jersey eventually to Casino Expansion
Ny real-estate developer Jeff Gural stated during the East Coast Gaming Congress which he has remained positive in regards to the ultimate construction of a Las Vegas-style casino resort in North Jersey.
The 21st East that is annual Coast Congress happened on might 24-25 at Harrah's Resort Casino in Atlantic City.
Mr. Gural has Meadowlands Racetrack, situated in East Rutherford, New Jersey. Last year, the billionaire investor announced intends to expand the existing center as a gambling resort that is full-scale. Casino operator black diamond casino and saloon intense Rock International was revealed as Mr. Gural's partner within the endeavor.
Under nj's gambling regulations, no casinos may be operated outside Atlantic black diamond casino 100 City. November a referendum that would have changed the status quo and would have allowed for the construction of up to two casinos in the state's northern part was held last. However, nj-new Jersey voters rejected the proposal, which implied that developers could perhaps not proceed utilizing black diamond casino on facebook the Meadowlands expansion task.
Mr. Gural said which he now prefers to wait for a while longer until neighboring New York has all its three commercial casinos launched and fully operational that he has not given up on the idea and. Based on the businessman, this may happen in the next six years. Mr. Gural additionally thinks that within that six-year period brand new York and its gambling enterprises will develop into a severe challenge for brand New Jersey's casino industry black diamond casino nd.