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No dice: Atlantic City casinos shut down
Business Week ^

Posted on 07/05/2006 8:15:28 AM PDT by frogjerk

UL. 5 8:54 A.M. ET New Jersey's casinos ushered the last of the gamblers away from slot machines and tables Wednesday, and janitors locked the doors behind them as a state government shutdown claimed its latest victims. In the first mass closure in the 28-year history of Atlantic City's legalized gambling trade, all 12 casinos were under state orders to lock up. Atlantic City's casinos are lucrative for New Jersey. They have a $1.1 billion payroll, and the state takes an 8 percent cut -- an estimated $1.3 million a day. But as a stalemate over the state budget entered its fifth day Wednesday with no deal in sight, even they had to shut down. With no state budget, New Jersey can't pay its state employees, meaning the casino inspectors who keep tabs on the money and whose presence is required at casinos are off the job. State parks and beaches were also closed Wednesday because of the lack of staff. "It's like last call at a bar. It's a little bit eerie," said Michael Trager, 36, of Cincinnati, was playing a video poker machine at 10 minutes to 8 a.m. when an attendant told him to conclude his bet. "They said, 'That's it, you gotta cash out. We're closing.'" The doors to the Boardwalk side of Caesar's were locked by janitors. An announcement came over the public address system telling gamblers the casino was closing. "It's history," said Andy Trechock, 41, of Depford, as he stepped away from a slot machine at Bally's Wild Wild West casino. The problem started when the Legislature missed its July 1 constitutional deadline to pass the budget amid a fight with Gov. Jon S. Corzine over his proposed boost in the state sales tax. Without a spending plan, Corzine ordered state offices shut

(Excerpt) Read more at businessweek.com ...


TOPICS: News/Current Events; US: New Jersey
KEYWORDS: atlanticcity; casinos; corslime; corzine; gambling; newjersey; poker
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To: AbeKrieger

LOL, Corzine picks a AG that did not even pass muster with McGreedy. She was up for a NJSC nomination but he pulled it because of over 13 traffic violations and not appearing in court. I believe there was an arrest made out for her failure to appear.


21 posted on 07/05/2006 8:25:27 AM PDT by mware (Americans in armchairs doing the job of the media.)
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To: frogjerk

One thing I don't understand..is why the Beaches are closed....will the government stop paying the wave machine bill?? does the sand get repossessed ???...I think it akin to the local school board or city saying they have to cut back on stuff people use (Fire and Police, Libraries) so people will get upset and allow a tax increase..


22 posted on 07/05/2006 8:25:33 AM PDT by conservativehusker (GO BIG RED!!!!)
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To: frogjerk
Hummm? Makes me wonder what Donald Trump had to say about all of this?

sw

23 posted on 07/05/2006 8:26:11 AM PDT by spectre (Spectre's wife)
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To: Eric in the Ozarks

I remember a few years back when Pawlenty had our MN gubmint shutdown. Never knew how "critical" highway rest stops were until our pols told me. I wondered why people couldn't just use one of the 500 McDonalds,Dennys or other places to relieve themselves.


24 posted on 07/05/2006 8:27:04 AM PDT by Rakkasan1 ((Illegal immigrants are just undocumented friends you haven't met yet!))
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To: frogjerk

So let me get this straight:

The state is crumbling because of revenue shortfalls and the genius rat governor shuts off a major source of tax revenue.

Rats are all too stupid to live.


25 posted on 07/05/2006 8:27:54 AM PDT by samtheman
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To: conservativehusker

Corzine is a disaster...


26 posted on 07/05/2006 8:28:19 AM PDT by frogjerk (LIBERALISM: The perpetual insulting of common sense.)
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To: frogjerk
Agreed, my brother owns a store and he estimates he has lost at least 500 dollars so far in lost commission on lottery sales.

That does not even add in money he would have made by people stopping in to pick up their tickets and buying other products.

27 posted on 07/05/2006 8:28:36 AM PDT by mware (Americans in armchairs doing the job of the media.)
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To: frogjerk

Why is a private casino being shutdown due to a government budget issue?


28 posted on 07/05/2006 8:28:36 AM PDT by edcoil (Reality doesn't say much - doesn't need too)
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To: frogjerk
Typical NJ. You have a slot machine with built in computer managing everying between client and machine. But you still need a bureaucrat walking around doing G_d knows what, else you have to shut it down.
29 posted on 07/05/2006 8:29:03 AM PDT by Swanks
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To: spectre

"You're fired!"?


30 posted on 07/05/2006 8:29:07 AM PDT by Attention Surplus Disorder (Funny taglines are value plays.)
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To: mware

Me too. (see you at thre gun club on sunday)


31 posted on 07/05/2006 8:29:07 AM PDT by tcostell (MOLON LABE)
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To: GianniV

I don't like what gambling does to people, but you can't say that everyone that works in a casino is scum.


32 posted on 07/05/2006 8:29:23 AM PDT by GeorgefromGeorgia
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To: GianniV

I visit the casino in Wheeling a couple of times a year, does that make me scum too?


33 posted on 07/05/2006 8:29:28 AM PDT by GYPSY286
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To: conservativehusker
One thing I don't understand..is why the Beaches are closed....

As I understand it, it is only state-administered beaches, and there are only two of those but even still, who owns that sand again?

34 posted on 07/05/2006 8:29:51 AM PDT by AbeKrieger (A country without secure borders will not long be a country.)
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To: samtheman
So let me get this straight: The state is crumbling because of revenue shortfalls and the genius rat governor shuts off a major source of tax revenue.

Yes. The RATS are very dumb.

The NJ GOP should come out with a proposal to lower taxes and increase revenues so that the RATS heads will TOTALLY EXPLODE!

35 posted on 07/05/2006 8:30:01 AM PDT by frogjerk (LIBERALISM: The perpetual insulting of common sense.)
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To: Quilla

not to mention the 2.5 million a day that the Lottery brings in


36 posted on 07/05/2006 8:30:11 AM PDT by kendu
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To: GianniV
"I have no sympathy for people who work at casinos. The places are filled with the absolute scum of the earth. I say good riddance and let 'em close."

First question: Do you go to church every Sunday?

If the answer is yes, second question: Do you feel the same way about the dirtbag lawyers, throatcutting executives and heartless politicians that go to the same church?

37 posted on 07/05/2006 8:30:20 AM PDT by 100%FEDUP (I'm seeing RED!)
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To: Eric in the Ozarks
Curious to know where NJ's money came from before casinos.

Mostly pharmaceuticals, garbage disposal, and legbreaking.

38 posted on 07/05/2006 8:31:09 AM PDT by jpl (Victorious warriors win first, then go to war; defeated warriors go to war first, then seek to win.)
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To: edcoil

Because in Atlantic City, you need government monitors supervising the gambling.


39 posted on 07/05/2006 8:31:23 AM PDT by CT-Freeper (Said the perpetually dejected Mets fan.)
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To: GianniV
I have no sympathy for people who work at casinos.

And as a casino worker I have no sympathy for ignorant people that over-generalize.

40 posted on 07/05/2006 8:31:27 AM PDT by chesty_puller (USMC 70-73 3MAF VN 70-71)
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