Until now, Atlantic City has been the only place in the state where slot machines and table games are legal. Proponents say this change could help New Jersey compete with New York and bring new revenue, while critics worry it could hurt Atlantic City’s fragile casino industry.
What the Proposal Entails
On May 12, 2025, State Senators Paul Sarlo and Vin Gopal introduced Senate Concurrent Resolution No. 130 (SCR130).
This is a constitutional amendment that would ask voters whether casino gambling should be permitted at the two racetracks. If approved, the Legislature would then set specific rules for games and operations.
The amendment outlines how tax revenue from these new New Jersey casinos would be used:
- 45% for property tax relief
- 20% for special education
- 10% to state pension funds
- 10% for cost-of-living adjustments for retirees
- 10% to support Atlantic City tourism
- 5% to maintain the horse racing industry
To place the question on the ballot, the amendment must win a three-fifths majority in both the Assembly and Senate in one session, or simple majorities in two consecutive sessions. Supporters hope the vote could take place in 2026, after a new governor takes office.
Potential Impact and Next Steps
Advocates for the proposal argue it sends a message to New York, which plans to award up to three casino licenses in the downstate region by the end of the year. Owner Jeffrey Gural of Meadowlands Racetrack, who led a failed 2016 referendum, says public opinion has shifted since sports betting and online gaming became legal.
However, Atlantic City officials are concerned. Atlantic City casinos saw a 15% drop in profit in the first quarter of 2025, and a recent study found operators spent $200 million in 2024 on non-gaming entertainment to attract visitors.
Leaders such as Resorts Casino Hotel president Mark Giannantonio warn that a new North Jersey casino could cannibalize Atlantic City’s market without drawing many gamblers away from New York.
Opposition also comes from some Atlantic County figures. Atlantic City Mayor Marty Small Sr. and Democratic Chair Michael Suleiman argue the amendment could lead to more casino closures and job losses. Meanwhile, major operators like Hard Rock International have shifted focus toward New York opportunities.
If voters approve the amendment, the Legislature would draft a law to license and regulate casinos at the Meadowlands and Monmouth Park. The specifics—such as the number of licenses, cost of licensing fees, and operational rules—would be determined later.
Backers believe the extra competition will spur innovation and boost overall revenue, while opponents fear it might weaken New Jersey’s historic gambling hub.
As the debate unfolds, New Jersey residents will have the chance to decide whether the state should expand casino gaming beyond its traditional home in Atlantic City. A successful amendment could reshape the regional gambling landscape and test Atlantic City’s ability to adapt in a changing market.
