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Mega-Casino in Jersey City: Too Big a Gamble? Or Potential Jackpot for NJ?

Details remain sketchy about waterfront complex -- including an auto-racing track and a convention center -- reportedly proposed by billionaire founder of Reebok

atlantic city

While some of Atlantic City’s casinos have been cashing in their chips, that hasn’t stopped a mega-developer from taking a gamble and making plans for a new casino and entertainment complex on the waterfront in Jersey City.

The casino development by the billionaire founder of Reebok, Paul Fireman, would reportedly also include a hotel, a 95-story tower, a convention center, an auto-racing track and what is described as “the world’s largest observation wheel” with a view of the New York City skyline. Proponents of the plan say it would pump billions into New Jersey’s economy and create thousands of jobs.

Read and listen to the full report by Sally Herships of WNYC, a partner of NJ Spotlight.

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