ATLANTIC CITY-Even as the new Revel hotel and casino prepares to open next week as the keystone to Gov. Chris Christie’s plan for revitalizing Atlantic City and stemming loss of revenues to newer casinos in New York and Pennsylvania, a challenge has come from another direction: The Meadowlands.
Assembly Speaker Sheila Oliver, a Democrat from Essex County, announced Tuesday that the Assembly will hold public hearings about bringing casino-style gambling to The Meadowlands. The area is currently home to a half-built, long-stymied project that was supposed to bring its revitalization: the huge retail/entertainment center, “Xanadu.”
Xanadu has new developers – Triple Five, the operators of Minnesota’s Mall of America – who will officially rename it American Dream Meadowlands, as soon as a pending development tax break deal with the state is approved.
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