BURZICHELLI BILL TO CREATE BOUTIQUE CASINOS IN ATLANTIC CITY NOW LAW

Legislation sponsored by Assemblyman John Burzichelli to make Atlantic City’s casino industry more competitive by introducing smaller casinos and scaling back over-regulation of the industry has been signed into law.

“The gaming industry is changing and we must do the same if we’re to remain competitive,” said Burzichelli (D-Gloucester/Cumberland/Salem). “If we’re to ensure a strong Atlantic City, we need to provide new gaming products like boutique casinos to entice builders to invest, attract visitors and grow our economy.”

The bill (S-1866/A-2612) will create two new alternative methods for casino licensure by the State’s Casino Control Commission. Along with the traditional, 500-room capacity, minimum 60,000 square foot casinos, developers will now have the option of building a small-scale casino facility, which is not more than 20,000 square feet, and not less than 200 qualified sleeping units.

Developers will also have the option of building a staged casino facility of not more than 30,000 square feet, and not less than 200 sleeping units – with the requirement that they expand to the 500-room requirement within five years of licensure.

Hard Rock already has announced plans to build a boutique casino on the boardwalk.

“This is the investment potential that we can open with this law,” Burzichelli said. “It’s a way to keep Atlantic City strong and vibrant.”