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Gov. Christie plans takeover of Atlantic City casino district
Tuesday, July 20, 2010 at 6:44:35 PM
Gov. Chris Christie will announce plans for an unprecedented overhaul of New Jersey's troubled gaming industry Wednesday -- including a complete takeover of the Atlantic City casino and entertainment district, and the sell-off or shutdown of the struggling Meadowlands Racetrack.
The Atlantic City takeover removes virtually all local control from the gaming district, from police protection to garbage pickup. At the same time the state is finally throwing in the towel on state-backed harness racing, which lost nearly $10 million last year.
The plans -- reviewed by The Star-Ledger -- were outlined in a report by a special commission created by the governor in February and charged with the task of deciding how best to fix the state's faltering casino and horse racing industries.
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