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New Jersey lawmakers may extend Atlantic City casino PILOT

CDC Gaming
CDC Gaming
·Mars

The casino payment-in-lieu-of-taxes program is set to expire next year, and state lawmakers and stakeholders are in talks to extend it.

State Sen. Vince Polistina, R-Atlantic, said talks have begun with members of the governor’s administration about a new PILOT bill, and he will soon talk to county and city officials about it.

“As we move forward we will discuss what we are going to propose with City Council and county commissioners and build consensus this time before we get it passed,” Polistina said of a new PILOT agreement. “We started these discussions two to three months ago.”

Since 2016, each casino has paid a share of an industry-wide assessment based on gross gaming revenue, not property taxes.

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AI政策分析AI企业数据AI产业AIPILOTAIAtlanticCityAINewJerseyAICasino

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