S195 — Provides casino licensee must repay any grants received from State entity when casino hotel facility is not sold at fair market value and used for casino gambling.

S195 — Provides casino licensee must repay any grants received from State entity when casino hotel facility is not sold at fair market value and used for casino gambling. · Informed CitizenryThis bill requires casino licensees or owners seeking to close or sell a casino hotel facility to undergo an independent appraisal using a formula developed by the Division of Gaming Enforcement. I…Open in Informed Citizenry