Report: Atlantic City overhaul

The Star-Ledger is reporting tonight that Gov. Chris Christie in back-to-back Wednesday press conferences, first at the Meadowlands and later in Atlantic City, intends to announce a massive proposed overhaul to the state’s gaming and race track industries.

Ted Sherman reports that Christie’s proposal includes a state takeover of AC’s gaming and entertainment districts, “the sale or closure of the Meadowlands Racetrack, the near disbanding of the New Jersey Sports and Exposition Authority, and refinancing the stalled Xanadu entertainment complex project.”

Report: Atlantic City overhaul