New Jersey set to sue over quashed Atlantic City casino PILOT deal

The state of New Jersey is reportedly soon expected to officially appeal a February 25 court ruling that invalidated its amended payment in lieu of tax (PILOT) arrangement with the nine casinos in Atlantic City...

Atlantic City casinos could be facing dire future owing to their PILOT liabilities

In the American state of New Jersey and a senior politician has reportedly warned that four of the nine casinos in Atlantic City could soon be at risk of being put out of business if his compatriots do not amen...