Rival bill lets outsiders seek 1 North Jersey casino

Companies that do not already own an Atlantic City casino would be able to vie for one of the two new casinos to be built in northern New Jersey under a state Assembly plan.

The bill unveiled Monday is a rival measure to one proposed Friday by Senate President Steve Sweeney.

Both would ask voters in November whether to approve two new casinos in the northern part of the state.

But Sweeney’s bill would require that both new licenses go to companies that own a casino that was operating in Atlantic City as of last week.

The Assembly bill would only apply that requirement to one of the new licenses.

The bills also vary slightly in how tax revenue from the new casinos would be divvied up.

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