GLOBAL GAMING BUSINESS PODCAST: John Palmieri, Executive Director, New Jersey Casino Reinvestment Development Authority

This week the GGB Podcast emanates from Atlantic City where we speak with John Palmieri, the executive director of the New Jersey Casino Reinvestment Development Authority, on his agency’s changing role in the attempted revival of that city.

The New Jersey Casino Reinvestment Development Authority was formed in the 1980s to help revitalize Atlantic City by using revenue from the casinos to improve the city. While that directive had changed over the years, it was re-emphasized a few years ago when the CRDA, or Creeda as they call it in New Jersey, was given direct responsibility over the tourism district in the city. Now, with city finances cratering, the money that had been used for the CRDA is now being used to manage the city’s debt, leaving little the agency can do to fulfill its mission. And with several bills that would address that issue languishing on the desk of Governor Chris Christie, Executive Director John Palmieri is clearly frustrated. He spoke with GGB Publisher Roger Gros in August, and nothing has changed since that time.

Articles by Author: Roger Gros

Roger Gros is publisher of Global Gaming Business, the industry’s leading gaming trade publication, and all its related publications. Prior to joining Global Gaming Business, Gros was president of Inlet Communications, an independent consulting firm. He was vice president of Casino Journal Publishing Group from 1984-2000, and held virtually every editorial title during his tenure. Gros was editor of Casino Journal, the National Gaming Summary and the Atlantic City Insider, and was the founding editor of Casino Player magazine. He was a co-founder of the American Gaming Summit and the Southern Gaming Summit conferences and trade shows.
Roger Gros is the author of the best-selling book, "How to Win at Casino Gambling" (Carlton Books, 1995), now in its fourth edition. Gros was named “Businessman of the Year” for 1998 by the Greater Atlantic City Chamber of Commerce and received the Lifetime Achievement Award from the American Gaming Association in 2012 as part of the annual AGA Communications Awards.