New Jersey

Casino operators, Native American and commercial alike, are scrapping for market share. Competition is keener, discretionary dollars are fewer in a still-down economy and several states are scrambling to snare or preserve gambling revenue.

New Jersey Gov. Chris Christie approved the issuance of $750 million of general obligation bonds for higher education capital projects on Wednesday. The issue will go to voters in November.

The Port Authority of New York and New Jersey board on Wednesday approved up to $2 billion of financing, including a $500 million and $1.5 billion sale of consolidated refunding bonds, for the World Trade Center project.

Ridership on Port Authority Trans-Hudson, or PATH trains, is on pace to set a record for the second consecutive year.

Moody's Investors Service has revised the outlook on Kean University's outstanding debt to negative and affirmed the A2 rating on Kean's revenue bonds.

Officials expect to accommodate large cargo ships traveling up the East Coast after the Panama Canal widens.

Proceeds will refund bonds and finance capital projects at the health system's three campuses near Philadelphia.

Moody's Investors Service has revised the outlook to negative from stable on Deborah Heart and Lung Center's outstanding bonds, issued by New Jersey Health Care Facilities Financing Authority.

Delaware, Illinois, Massachusetts, New Jersey, North Carolina, Pennsylvania and South Carolina are about close to blowing a deadline for adopting a fiscal 2013 budget.

The Port Authority of New York and New Jersey has selected four firms to provide underwriting services for the World Trade Center redevelopment.

Seven States are two and a half day away from blowing a Saturday deadline for adopting a fiscal year 2013 budget.

Both Moody's Investors Service and Standard & Poor's have revised their outlooks on New Jersey's junk-rated Palisades Medical Center to positive from stable.

Moody's Investors Service said the settlement arrived at between the New Jersey Meadowlands Commission and Lyndhurst regarding unpaid township property taxes is a credit positive.

Two New Jersey counties (Union and Monmouth) and one in New York (Monroe) will come to the market this week with competitive offerings to finance capital improvements.

SumRidge Partners wants to help the growing number of independent wealth management firms trade faster and access more information when devising strategies for the municipal bond market.

Collingswood, N.J., Mayor James Maley late last month compared the junk bond rating assigned to his city to a gigantic nose pimple, because it “doesn’t really affect how you operate, but it makes you look really bad.”

Moody’s Investors Service said on Monday that New Jersey missing its revenue targets is a credit negative for the state.

The New Jersey Turnpike Authority is expected to issue $141 million of revenue bonds on Wednesday to refund its Series 2004C-1 bonds.

Officials from distressed municipalities discussed their financial situations at The Bond Buyer's Tri-State Area Public Finance Conference on Monday.

New Jersey’s tax collections for fiscal 2012 are up from the same period last year, but April results were below expectations, the Treasury Department said last week.