Atlantic City is considering a bankruptcy filing after New Jersey Governor Chris Christie vetoed legislation aimed at shoring up the finances of the distressed casino resort.
Mayor Don Guardian said he expects to call an emergency meeting for next week to discuss the citys options. He and Council President Marty Small spoke to reporters in Trenton after an hour-long meeting with Assembly Speaker Vincent Prieto. Lawmakers are considering a state takeover of the city as well as ending its four-decade casino monopoly in New Jersey.
Christie, a second-term Republican running for president, didnt sign bills that would have diverted some gambling funds to the city and prevented tax appeals that strain its finances. The rejection came after the …
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