CASINO ASSOCIATION OF NEW JERSEY ENEWS

New site to focus on exciting new developments and issues affecting casinos

Atlantic City, NJ — The Casino Association of New Jersey (CANJ) has launched a new Web site to give its customers, policymakers, taxpayers and other interested parties information about developments affecting gaming in the Garden State.

"This Web site is designed to provide the information necessary to the people who benefit from our industry and for those who establish policies that have an impact upon our thriving and healthy industry," said Joseph Corbo, president of the CANJ.

"The site includes everything from the ‘Casino News Service’ to links to casinos, regulatory agencies and other places of interest. It will fully allow visitors to understand the contributions casino gaming has made to the state and to appreciate the urgent need to keep the industry flourishing," Corbo said.

The site also includes sections where visitors can get facts about the more than 62,000 jobs generated directly and indirectly by casinos, the $2.2 billion worth of purchases that casinos make in virtually every county in New Jersey, and the more than $7 billion that the industry has provided in prescription benefits and other assistance to seniors and disabled persons in New Jersey since the opening of Atlantic City’s first casino in 1978.

The site also provides a central location where consumers can connect to the casino of their choice and get a broad view of the entertainment options that are available to them in Atlantic City.

"We expect the new Web site to be a valuable tool for anyone who visits our casinos, wants to know about the billions of dollars of expansions slated for the state’s No. 1 resort area or who is concerned about keeping the industry healthy and its economic and other benefits flowing to the millions of people who have come to rely on us," Corbo added.

 

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Facts about the casino industry


  • 35 million people visit Atlantic City annually;
  • Atlantic City is the fourth most visited destination in the United States;
  • Atlantic City's 11 casinos generate as much gaming revenue each year as the 24 largest casinos on the Las Vegas Strip;
  • New Jersey casinos have made approximately $11 billion in capital investment since inception;
  • Approximately $3 billion of those capital investments have been made since 2003, and billions more are planned or expected in the next five to 10 years;
  • In 2006, the Atlantic City casino industry paid $417 million to support programs for seniors and the disabled;
  • In nearly 30 years, the Atlantic City casino industry has generated more than $17 billion in taxes and fees for New Jersey;
  • $1.1 billion in tax revenues are generated each year from the casino taxes, luxury tax and other taxes related to casino operations;
  • Atlantic City casinos purchase $2.2 billion of goods and services from thousands of New Jersey vendors each year who are located in every county of New Jersey.