ATLANTIC CITY, N.J. (AP) - Atlantic City will again be forced to pay out millions to settle casino tax appeals just a year after they were told all issues were settled.
The state of New Jersey expects the city and Atlantic County to pay $4.8 million over four years to the owners of the Hard Rock Hotel & Casino Atlantic City in an unexpected property-tax appeal settlement from 2017. The Press of Atlantic City reports the state had announced in 2017 that it had settled a number of appeals covering casinos in Atlantic City.
The Hard Rock was not originally part of the casino payment-in-lieu-of-taxes agreement because it had closed as a casino in 2016.
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Department of Community Affairs spokeswoman Lisa Ryan says there are no remaining tax appeal issues after this.
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