>Xanadu “appears to be a failed business model,” according to a gaming, sports and entertainment report released Friday by Governor Christie’s transition team.
Christie report: Xanadu appears to be failure
Friday, January 22, 2010
Last updated: Sunday January 24, 2010, 10:54 AM
BY JOHN BRENNAN
The Record
STAFF WRITER
https://www.northjersey.com/news/012210_Christie_report_Xanadu_appears_to_be_failure.html
Xanadu “appears to be a failed business model,” according to a gaming, sports and entertainment report released Friday by Governor Christie’s transition team.
Thus, New Jersey needs to tell the owners to “open or surrender the property,” the report says.
The group, which includes Atlantic City casino industry chief Joseph Corbo and former New Jersey Sports and Exposition Authority President Robert Mulcahy, was led by ex-sports authority Chairman Jon Hanson.
The analysis was as blunt and at times as withering as a Christie press conference.
full story:
https://www.northjersey.com/news/012210_Christie_report_Xanadu_appears_to_be_failure.html
