Casino regulatory cuts come up $15 million short on savings

    Plans to cut nearly $15 million from the Casino Control Commission are proving to be less effective than New Jersey legislators had hoped. Gov. Chris Christie’s budget proposal shows the anticipated $10 million in savings is far from the original $25 million estimate and December’s estimate of $16 million.

    Christie’s administration plans to add $4.5 million to the budget for the Division of Gaming Enforcement, which will assume many of the CCC’s responsibilities. Now with the less-than-expected savings, the Casino Reinvestment Development Authority could be forced to make up the difference, as the Press of Atlantic City reports.

    The savings are meant for the new state-run tourism district in Atlantic City.

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