Union Sues to Stop $261 Million Tax Reimbursement for Revel
March 28th, 2011 at 10:08:22 AM
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ACPress
Posted: Friday, March 25, 2011 1:30 am | Updated: 10:07 pm, Fri Mar 25, 2011.
By DONALD WITTKOWSKI Staff Writer |
ATLANTIC CITY - Atlantic City's largest casino union is suing a New Jersey development agency to block $261 million in state tax reimbursements for the Revel casino project.
Local 54 of UNITE-HERE claims that the New Jersey Economic Development Authority violated the state's public-meeting requirements when the agency approved the tax breaks last month.
The union is asking the courts to overturn the EDA's vote. The lawsuit continues Local 54's lengthy fight against public assistance for the Revel casino, a project the union says has received preferential treatment from the state.
"We feel that the state should be doing things to raise all boats and not be playing favorites," said Ben Begleiter, a Local 54 research analyst. "It's likely that a couple of casinos could close as a result of Revel opening. We don't think the state should be in the business of picking winners and losers here. . . . "
Posted: Friday, March 25, 2011 1:30 am | Updated: 10:07 pm, Fri Mar 25, 2011.
By DONALD WITTKOWSKI Staff Writer |
ATLANTIC CITY - Atlantic City's largest casino union is suing a New Jersey development agency to block $261 million in state tax reimbursements for the Revel casino project.
Local 54 of UNITE-HERE claims that the New Jersey Economic Development Authority violated the state's public-meeting requirements when the agency approved the tax breaks last month.
The union is asking the courts to overturn the EDA's vote. The lawsuit continues Local 54's lengthy fight against public assistance for the Revel casino, a project the union says has received preferential treatment from the state.
"We feel that the state should be doing things to raise all boats and not be playing favorites," said Ben Begleiter, a Local 54 research analyst. "It's likely that a couple of casinos could close as a result of Revel opening. We don't think the state should be in the business of picking winners and losers here. . . . "
March 28th, 2011 at 11:01:55 AM
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So the union that represents casino/hotel workers is against a decision that will help create new casino/hotel jobs?
Yeah, I get that when Revel opens it may mean that other casinos may close, but those casinos are already on the verge of closing. Revel's opening may actually help extend the life of the other casinos, since lots of people will go to AC to see the new casino, and people do visit more than one casino when they visit AC...
This makes me proud to have never been a union employee!
Yeah, I get that when Revel opens it may mean that other casinos may close, but those casinos are already on the verge of closing. Revel's opening may actually help extend the life of the other casinos, since lots of people will go to AC to see the new casino, and people do visit more than one casino when they visit AC...
This makes me proud to have never been a union employee!
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