Bill Text: NJ S3001 | 2016-2017 | Regular Session | Introduced
Bill Title: Allows owner of hotel in Atlantic City to lease portion to casino operator under certain circumstances.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-02-13 - Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee [S3001 Detail]
Download: New_Jersey-2016-S3001-Introduced.html
Sponsored by:
Senator RAYMOND J. LESNIAK
District 20 (Union)
SYNOPSIS
Allows owner of hotel in Atlantic City to lease portion to casino operator under certain circumstances.
CURRENT VERSION OF TEXT
As introduced.
An Act allowing the owner of a hotel in Atlantic City to lease a portion of the facility to a casino operator and supplementing the "Casino Control Act," P.L.1977, c.110 (C.5:12-1 et seq.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Notwithstanding the provisions of the "Casino Control Act," P.L.1977, c.110 (C.5:12-1 et seq.), or any other law, rule, or regulation to the contrary, the owner of a hotel located within the city of Atlantic City that meets the definition of "hotel" or "approved hotel" in section 27 of P.L.1977, c.110 (C.5:12-27), except that it is not operated as a casino hotel facility under the "Casino Control Act," P.L.1977, c.110 (C.5:12-1 et seq.), may lease a portion thereof to be used as a casino, provided the lessee applies for and is granted a casino license to operate the casino portion of the hotel. The lessor shall not be required to be licensed as a casino and shall have no role in the conduct of casino gaming at the facility. The lessee shall meet all of the criteria for licensure as a casino except that it shall not be involved in the operation of the hotel portion of the facility.
Except as provided by this section, a person approved by the commission to operate a casino within such a hotel shall be responsible for complying with all other provisions of the "Casino Control Act," P.L.1977, c.110 (C.5:12-1 et seq.), with respect to all aspects of casino operations. The owner of the hotel shall be responsible for complying with all of the hotel and non-gaming provisions of the "Casino Control Act," P.L.1977, c.110 (C.5:12-1 et seq.).
2. This act shall take effect immediately.
STATEMENT
Under current law, a casino license is issued with respect to a single casino hotel facility that includes both a casino and a hotel. This bill would allow the owner of a hotel located in Atlantic City that meets the definition of "hotel" or "approved hotel" in the Casino Control Act, except that it is not operated as a casino hotel facility under the act, to lease to another person space in the hotel to be used as a casino. The lessor will not be required to be licensed as a casino and would have no role in the conduct of casino gaming at the facility. The lessee will be required to meet all of the criteria for licensure as a casino, except that it will not be involved in the operation of the hotel portion of the facility.
