One provides for two-year casino licenses, rather than annual renewals.
A recent race for casino licenses drew 23 bidders.
Upon Wasey's death in 1963, the island's casino license expired.
Applying for a casino license could thus jeopardize its coveted partnership status.
Each had gone through a rigorous examination when applying for his casino license.
The company has already threatened to challenge the referendum and defend its 30-year casino license in court.
New Jersey law permits a company a maximum of three casino licenses.
After casino licenses were first awarded in 1992, major companies like Mirage stood by as smaller, often local operators made their mistakes.
It began a month before Fiora got his casino license and goes right up to last week.
And all three casino licenses are due for commission review and renewal next spring, he added.