Minimum wage increase gaining steam
Governor Phil Murphy unveiled his plan for a minimum wage hike during his 2019 Budget Address. Murphy touched on the state’s cost of living and the need for a $15 an hour minimum wage. This past week WHYY reported that the increase in minimum wage would be devastating. NJ.com has reported that Senate President Stephen […]
169 Opportunity Zones approved in NJ
On April 10, The United States Department of Treasury approved Governor Phil Murphy’s recommended designations for Opportunity Zones throughout the Garden State. Five of the 169 sites are in Atlantic County. They are as follows: Atlantic City, Egg Harbor City, Egg Harbor Township, Pleasantville, and Somers Point. The Opportunity Zone Program is designed to drive […]
Will a vote for North Jersey gaming be on the November ballot?
In November of 2016, New Jersey voters overwhelmingly rejected a plan to allow two casinos to be built in North Jersey in an effort to regain some of the gaming market it has lost over the last few years to neighboring states. NJ.com reported that more than 80 percent of the state’s voters cast ballots against the […]
Chamber Opposes Offshore Drilling
The Greater Atlantic City Chamber, along with other business and environmental organizations, has consistently opposed any kind of offshore oil exploration. As a region that relies heavily on the condition of its beaches and waterways for its lifeblood as a tourism destination and where many commercial and recreational member businesses derive their economic livelihood, we can […]
“Quick Draw”. . .lottery or gaming?
In July of 2017 (NJ Lottery Press Release), New Jersey Lottery launched a keno-style game to be placed in hundreds of locations across the state. The game, Quick Draw, is made available to bars, restaurants, bowling alleys, and other public spaces where people gather for extended periods of time to socialize. A single play can […]
Attracting new businesses to Atlantic City International Airport Remains a Top Chamber Priority
A new bill (A3676/S2307) was introduced in early March concerning tax incentives designed to create a “Garden State Growth Zone (GSGZ)” at Atlantic City Airport. The bill is inresponse to former Gov. Chris Christie’s decision to veto a previous bill (Press of Atlantic City). This revised bill, sponsored by our local State Assemblymen Mazzeo and […]
Sports Gaming in NJ is a Good Bet
The Supreme Court appears to be poised to strike down the Professional and Amateur Sports Protection Act (PASPA), a 25-year federal law that bans states from authorizing or licensing sports betting. On March 3 ESPN.com published an article, The odds of legalized sports betting: New Jersey vs. the leagues, which you may find of interest. The […]
S2872/A4510 UPDATE – LEGISLATION MOVES TO GOVERNOR’S DESK FOR SIGNATURE
As you know for a year, the Greater Atlantic City Chamber has been working to expand a tax incentive program to benefit Atlantic City, Atlantic County, and other parts of the state. As a result, State Senate Bill S2872 (Assembly version A4510) was introduced in January 2017 to expand the NJEDA-administered Grow NJ program to […]
Business Groups Support Senate Bill S2872
The Greater Atlantic City Chamber’s Economic Development Committee is spearheading an effort to help grow and diversify the area economy. As part of that effort, the Chamber proposed expansion of an existing tax incentive program to benefit Atlantic City and Atlantic County, and revisions to existing legislation were proposed to the District 2 state representatives. […]
Legislative Candidates Bell, Mazzeo, Armato Answer Chamber Questions
On September 6, 2017, The Chamber’s Business Advocacy Committee hosted state legislative candidates Colin Bell, Vince Mazzeo and John Armato at its regular monthly meeting. The candidates outlined their legislative priorities and responded to committee member questions on economic incentives, North Jersey gambling, job training and other issues important to Chamber members and the regional business […]