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Atlantic City Casino Group Ready for Governor

28 February 2003

ATLANTIC CITY, New Jersey – As reported by the Press of Atlantic City: "Atlantic City casino officials have no plans to heckle Gov. James E. McGreevey when he visits the area today.

"Not that it hasn't crossed their minds.

"…The Casino Association of New Jersey will hand out a brochure that touts the industry's economic benefits and pans McGreevey's tax proposals when the governor speaks at the Sound Off for South Jersey Legislative Conference at the Ram's Head Inn in Galloway Township.

"The Southern New Jersey Development Council sponsors the 21-year-old event.

"…It will be McGreevey's first visit to the Atlantic City area since he blindsided the casino industry on Feb. 3. He announced plans to hike the casino-revenue tax to 10 percent from 8 percent, impose the 6 percent sales tax on casino complimentaries, create a 7 percent hotel-occupancy tax and possibly install slot machines at northern New Jersey racetracks

"…Numerous casino officials belong to the development council, three of whom are council trustees.

"[Karlos LaSane, director of community affairs for the Park Place Entertainment casinos], a trustee and chair of the council's casino committee, said he has a number of questions for McGreevey.

"`Why would you come after an industry that employees over 50,000 people and generates a payroll in excess of $1.1 billion? This is an industry on the rise and is still in the development stage - why cut it at the knees at this time?' LaSane said…"

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