NJ real estate firm interested in building Newark casino
New Jersey’s largest city has been added to the list of potential casino hosts.
US.- Real estate firm Berger Organization announced that they’re interested in financing a new casino in Newark, New Jersey, if state residents approve in November 8 the gambling expansion beyond Atlantic City.
New Jersey voters will decide if they approve constitution amendments that would allow potential projects to establish their facilities in North Jersey. The Meadowlands Racetrack is planning on building an integrated resort in East Rutherford.
Berger Organization’s owner, Miles Berger, said that the decision to undertake a casino project was based on the fact that Newark is the largest city in New Jersey, and a gambling venue would “certainly boost the economy of the state” If it gets legalised, the organisation would build the casino next to the former Newark Bears baseball stadium, and the venue would also be part of a multi-purpose complex.
Despite his desire for the bill to get legalised, Berger said that “there is no need to rush, particularly given the fact that the casino expansion effort would likely fail to get the necessary support from New Jersey residents.” Recent polls have shown that the majority of eligible voters would cast a negative vote at the November 8 ballot.