There also will be tax breaks on construction materials used for the project. The Casino Reinvestment Development Authority approved designation of the project as an entertainment retail district, which entitles it to an annual rebate of up to $2.5 million in sales tax generated by it for 20 years. That entitles it to an annual rebate of as much as $2.5 million in sales tax generated by it for 20 years.
The Casino Reinvestment Development Authority approved designation of the project Tuesday as an entertainment retail district.A New Jersey agency has approved a 20-year tax break for a $100 million year-round indoor water park to be built next to the former Showboat casino in Atlantic City.
