30 Years of Casino Gaming

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30 Years of Casino Gaming[Bearbeiten]

Casino Reinvestment Development Authority

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Tools From Wikipedia, the free encyclopedia State of New Jersey Casino Reinvestment Development Authority Seal of New Jersey.svg Agency overview Formed 1984 Jurisdiction New Jersey Headquarters 15 S. Pennsylvania Ave. Atlantic City, NJ 08401 Agency executives Modia Butler, Chairman Sean Pattwell, Executive Director Maisha Y. Moore, Deputy Executive Director Website http://www.njcrda.com/ The Casino Reinvestment Development Authority or CRDA is a New Jersey state governmental agency that was founded in 1984 and is responsible for directing the spending of casino reinvestment funds in public and private projects to benefit Atlantic City and other areas of the state. From 1985 through April 2008, CRDA spent US$1.5 billion on projects in Atlantic City and US$300 million throughout New Jersey.1

Reinvestment funds are received from New Jersey casinos, which are required by law to contribute 1.25% of gross revenue funds toward projects that are approved by the CRDA.

Composition The CRDA has seventeen members as follows:

Four year terms Six members of the public are appointed by the Governor and confirmed by the Senate Two members recommended by the President of the Senate are appointed by the Governor Two members recommended by the Speaker of the General Assembly are appointed by the Governor Two year term Two casino representatives are appointed by the Governor Ex officio One member of the Casino Control Commission is appointed by the Governor The Mayor of Atlantic City The State Treasurer The Attorney General The Commissioner of the Department of Commerce and Economic Development or the Department of Community Affairs, or an additional member of the Casino Control Commission is appointed by the Governor2 References

"30 Years of Casino Gaming"permanent [dead link]

, The Press of Atlantic City, accessed June 7, 2008

CRDA board structure Archived August 11, 2009, at the Wayback Machine, www.njcrda.com, accessed August 14, 2009

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