Absecon Island Blog
Ladies & Gentlemen:
After listening to several conference calls by Steve Wynn and Sheldon Adelson, I have come to the realization that it is not only about the money that makes people want to invest in Atlantic City, but about the foresight and vision and most importantly creativity.
The way that you would attract people like the two aforementioned moguls to our area is by offering them a "deal they can not refuse." By that I mean, you offer them something that no other gambling jurisdiction is willing to offer them. You dangle the carrot and I am certain they would ALL bite!
It really is NOT a heavy lift, infact it makes great fiscal sense both to Atlantic City and the State of New Jersey. It is actually quit simple. So simple infact, that it may have been overlooked because of it's simplicity or maybe GREED.
If the state of New Jersey agreed to take ZERO income (for a period of ten years) from any casino in Atlantic City that would fix everything. The 254.84 million dollars that is collected by the state annually would stop. That would make casino operators flock to the area, build new casinos (especially in lite of the boutique casino law) and invest in our Jurisdiction. I am not suggesting that the City of Atlantic City offer a property tax abatement, actually quit the contrary. The City of Atlantic City would still collect it's fair share of Property Taxes to provide the services required by the Casinos, but the state would impose a ZERO tax on the Casino Operators for a period of ten years. That is something that is unheard of in ANY GAMING DISTRICT, and would surly offer casino operators a very clear advantage to doing business in Atlantic City. Infact, Macau China currently imposes an amount that is over 50% to the government, and casino operators agree to it because the income is there, just like it was when Resorts Casino opened in May of 1978.
However, we know those days are LONG GONE and not returning any time soon UNLESS something drastic is done. I am also not suggesting that the state give the house away, there would have to be stipulations on the abatement such as the number of people that would be employed and the amount of time the company would be required to do business in New Jersey after the abatement expires and stipulation such as that which would be agreeable to both the state and the casino operator.
How does the State of New Jersey win? Well that's easy:
* They stop the DRASTIC decline that Atlantic City is currently experiencing by offering new and exciting resort destinations built by those willing to take advantage of this unprecedented offer
* They put thousands, possibly tens of thousands of people to work and derive the proceeds from the income taxes
* They offer an incentive to people that would travel to the area by eliminating the parking taxes at casinos and make it illegal for casinos themselves to charge parking fees
* They state derives the income of the state sales tax on all of the goods and services that would be sold in the area.
Instead of the Governor saying that the money that is taken from Atlantic City Casino Operators will only be spent in Atlantic City, just STOP taking the money, PERIOD. One may argue that the state NEEDS THE MONEY. My questions would be, what did they do BEFORE casino gaming and what will they do if Atlantic City is allowed to fail?
It's a "WYNN-WYNN" for the State of New Jersey and The Casino Operator. It can be done, it must be done, and with your help it will be done to save the entire south jersey region. DO AC is not enough to make people come to our region, Mega Resorts like WYNN LAS VEGAS most certainly would be! If you give them a (GREAT ENOUGH) reason, they will come.
Atlantic City Republican Municipal Chairman
So lets see a bus from Atlantic City with beverages and a dj drive to Philly pick up 30 people in line at a nightclubs and take them to Atlantic City to our amazing nightclubs.
So the same people who brought us the grassy knoll with the words on it, gift Wrapping to bring people to town and a catch phrase DOAC are now trying to show they are hip...sorry the EDM ...club crowd will not buy it from you, they come down here for the real thing and 30 people here and there are you kidding.
Here's an idea you can chew on. OK YOU finally realized that we are a club town after two years of me talking about it on the radio and posting on my blog and my social media THAT YOU DO READ or hear about from your social media team you retweeted me YESTERDAY:) BTW Thank You. The Party Bus great idea if you're getting patrons wasted like on Aruba Kuku kanuku So they'll drive here for this... An EDM festival on the beach during the day with the biggest names and at night the superstars doing sets until dawn in our clubs. That will bring more than 30 people:).
So you're not sure who the superstars are? Try these Mainstream stars, Tiesto, Avicii, my favorite R3HAB, Calvin Harris, Dada Life and we'll include David Guetta and how about Steve Aioki who I saw in Barcelona Spain and who played Borgata twice a month now at Revel and for more your dj will know. Get the AC CEO Chief Entertainment Officer on It right now. It will bring more than 30 to town and the non casino and casino restaurants will do business.
I'm not negative on Atlantic City or Absecon Island..EVER Just critical of the those who make decisions in guiding our city. We still lack identity and focus.
The Associated Press reported the Atlantic Club Hotel and Casino has been awarded to Caesars Entertainment and the Tropicana as their bid for the bankrupt property was the one accepted by the judge. There was a higher bidder. Here are two stories Press of Atlantic City Associated Press/ABC
In my video blog 1-2-14 I ask why and outline some of the thing Caesars is doing to lure visitors to their properties so why create this black hole at the entrance to our city on the downbeach side?
Watch the video
Your response is very welcome
Berman Reality: Absecon Island is made up of four separate cities, Atlantic City, Ventnor City , Margate City and Longport. I am "possibly" thinking about putting together a committee to explore the options to have Absecon Island Secede from the state of new Jersey. Please watch my press conference for details
Your comments welcome below
Berman Reality: Atlantic City is a resort destination depending on traffic from surrounding states almost of of which arrive by car or bus. The thought of snow would hinder traffic into town. Once in Atlantic City the word snow could conger up thoughts of lets leave before it starts or lets see if its snowing where we live we may have to leave early. So why as you enter Atlantic City on the AC Expressway does it greet you with "Let It Snow" in huge letters. Just as there are no clocks to remind you of the time in casinos, we should not be reminded that it could snow. Watch The Video Here
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