The state of New Jersey has filed a motion that requests the stay of a 29 August decision by a judge, who removed amendments to the casino payment-in-lieu-of-taxes legislation, pending appeal
Atlantic City appeals to deny PILOT amendments from being struck down

The country of New island of Jersey has filed a motion that requests the stay put of a 29 Aug decision past a judge, who removed amendments to the cassino payment-in-lieu-of-taxes legislation, pending appeal.

The quest is due to follow heard on 7 October by Atlantic Ocean County Superior Margaret Court Judge Michael Blee.

Previously, Blee had ruled that the amendments made to the PILOT law, which were passed inwards 2021, were carried out dubiously – and hence a infringement of the body politic constitution. Said amendments allowed casinos millions of dollars’ worth of tax breaks, with the removal of cyberspace and online sports gaming from receipts gaming revenue (GGR) calculations.

The state argued inwards a brief that Atlantic Ocean City’s finances would live thrown into chaos, with the benefits of the amendments lost, if the judge’s dictate was non pose on hold up until the appealingness canful be heard.

Responding to Judge Blee’s order, Liberty and Prosperity President Seth Grossman said the say had presumption “no credible fact or expert opinion evidence that laws reducing taxes for a specific industry, such as gambling casino properties, and nurture taxes on other properties increases the boilersuit economic wellness of Atlantic City and Atlantic County.”

Meanwhile, Chief of Investigations for the Division of Gaming Enforcement, St. Christopher Glaum, said: “If this Court’s invalidation of the Amendment goes into effect, and so the former statute testament follow inwards effect, and reinvestment into the casino hotel properties may wane as it did during the 2009–2017 period. This would get real economic and societal impacts not just now to Atlantic Ocean City, but to the nation as a whole.”