N -- In 2008, Gov. Jon Corzine signed a law designed to prevent Atlantic City's casinos from closing if there were ever another state government shutdown sparked by a state budget disagreement.
But now, with the state under shutdown again, some leaders are worried a little-known provision in the 2008 law allows casinos to shutter if the budget impasse lasts beyond seven days.
That means casinos could shutter as early as Saturday. The state stands to lose millions in casino tax revenue -- and the struggling casino industry would be hit hard -- if that happens.
With the shutdown set to enter its third day Monday, such a threat could invigorate talks to end the budget stalemate sooner than later.
N -- In 2008, Gov. Jon Corzine signed a law designed to prevent Atlantic City's casinos from closing if there were ever another state government shutdown sparked by a state budget disagreement.
But now, with the state under shutdown again, some leaders are worried a little-known provision in the 2008 law allows casinos to shutter if the budget impasse lasts beyond seven days.
That means casinos could shutter as early as Saturday. The state stands to lose millions in casino tax revenue -- and the struggling casino industry would be hit hard -- if that happens.
With the shutdown set to enter its third day Monday, such a threat could invigorate talks to end the budget stalemate sooner than later.
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