Hard Rock Unveils Brand New Jersey Meadowlands Proposal

Hard Rock Unveils Brand New Jersey Meadowlands Proposal

An artist’s rendering of the proposed Hard Rock Casino Meadowlands, which would be built in East Rutherford, just throughout the river from reduced Manhattan.

Hard Rock Overseas plus the Meadowlands Racetrack have actually revealed their plan for the casino in north New Jersey.

The organizations are proposing a $1 billion casino project for the East Rutherford sports complex, right next to the New York Jets and New York Giants’ stadium, should New Jersey opt to break the Atlantic City monopoly and authorize gambling expansion in the north.

Situated across the Hudson from reduced Manhattan and just 21 miles away from Newark International Airport, complex Rock CEO Jim Allen believes the casino would be uniquely positioned to reinvigorate nj-new jersey’s troubled casino industry, which has lost ground in the last few years to neighboring states.

Allen said this that the casino could be up and running within a year, should approval be received by the fall week.

‘Now is the Time’

‘ The new casino would be built to attract visitors from not only the 14 million adults in northern brand New Jersey and nyc, but also international travelers, making it a premiere entertainment destination,’ Allen said.

Lawmakers introduced a bill on Monday that would begin a referendum that is public whether New Jersey should to amend its constitution allowing casino gaming into the north.

Voters could decide whether or not to allow as much as thr (suite…)

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Casino Record that is fined Million For ‘Willful’ Money Laundering Violations

Casino Record that is fined Million For ‘Willful’ Money Laundering Violations

Trouble in Paradise: The Tinian Dynasty Hotel and Casino, where money-laundering violations were systematic, according to FinCEN.

A Pacific Island casino has been fined a record $75 million for violation of anti-money-laundering laws.

The US Financial Crimes Enforcement Network FinCEN stated this week that the Dynasty that is tinian Hotel Casino in the Northern Mariana Islands had been guilty of a ‘willful and egregious’ flouting of the Bank Secrecy Act for failing woefully to file thousands of CTR (money transaction reports).

The islands are an unincorporated territory of this United States and consequently liable to abide by its rules.

Considering that the passage of the Money Laundering Control Act 1986 it was a requirement for all US financial institutions to file a CTR to FinCEN for almost any currency transaction over $10,000, as a measure to combat money laundering.

The act basically eliminated the ‘right to privacy that is financial by declaring that a financial organization would no longer be held liable for declaring suspicious economic transactions towards the authorities.

Financial Clampdown

While banks have actually abided by these laws for the best part of two decades, FinCEN has recently clamped down in the https://myfreepokies.com/big-ben/ casino industry, where the relationship between operator and high-rolling client has traditionally been more discreet.

Last year, The Trump Taj Mahal in Atlantic City was fined te (suite…)

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