Pattwell to leave CRDA; search for new executive director begins
Sean Pattwell will leave his role as the executive director of the New Jersey Casino Reinvestment Development Authority to pursue other opportunities, three people with knowledge of the situation told ROI-NJ. Read more from ROI-NJ.
Atlantic Cape seeks 2024 distinguished alumni nominees
Atlantic Cape Community College’s Alumni Association is now accepting nominations for the 2024 President’s Distinguished Alumni Award and Young Alumni Achievement Award (40 years of age and younger). Read more from Downbeach.
NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers
The New Jersey Economic Development Authority (NJEDA) Board approved a new $20 million pilot program to support rising real estate developers. The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio. Read more from the NJEDA.
Atlantic City casino profits fall 7.5% in 3rd quarter of 2023
The city’s casinos and two internet-only entities earned $281.2 million in the third quarter of this year, a decline of 7.5% from the same period a year ago, New Jersey gambling regulators said. Read more from The Press of Atlantic City.
NJ Legislature pondering move on Atlantic City casino smoking ban
State lawmakers are considering moving on legislation to end smoking in the resort’s casinos during their lame-duck session. Read more from The Press of Atlantic City.
Vote on major clean-energy bill is put off
Environmental advocates want a law that sets hard deadlines for well-defined renewable energy standards in New Jersey. They made their case to state lawmakers who on Monday were considering a bill that would require 100% clean electricity from suppliers within a dozen years. Read more from NJ Spotlight News.
Senate Bill To $7 Billion: 10 Years Of NJ Online Casinos By The Numbers
From dates and times, to operators and revenue, to taxes and fees, the numbers behind online gambling in NJ are remarkable. As the official 10-year milestone approaches, PlayNJ is breaking down some of the figures associated with one of the US gaming industry’s greatest success stories ever. Read more from Play NJ.
The Power of ‘I Don’t Know’: Embracing Uncertainty as a Leader
Leaders who mask their lack of knowledge with jargon and buzzwords can diminish trustworthiness and discourage critical thinking. “I don’t know” is a sign of strength, not weakness, as it offers an opportunity to foster team unity and extend learning. Leaders should model accountability, authenticity, and a commitment to seeking knowledge in order to cultivate […]
New Aspire Rules Aimed to Strengthen Affordable Housing & Expand Eligibility Approved by NJEDA Board
The New Jersey Economic Development Authority’s (NJEDA) Board yesterday approved the adoption of new rules for the Aspire Program aimed to spur development and increase affordable housing in communities across the state. The rule changes include increased per project caps, expanded eligibility for transformative projects, and increased affordability controls for residential units. The Aspire Program is a gap […]
NJEDA approves new $15M NJ Cool pilot program
The New Jersey Economic Development Authority (NJEDA) board Nov. 16 approved the creation of a new $15 million pilot program aimed at reducing greenhouse gas emissions. Read more from NJ Biz.