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Power restored to ex-Revel casino; re-opening date uncertain

The power is back on at Atlantic City's former Revel casino, but when it will re-open -- and whether it will even still be a casino -- remains up in the air.

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Atlantic City workers
Spencer Platt, Getty Images
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Job fair a hope for laid-off Atlantic City casino workers

There were only about 100 jobs available, and most of them will last for only three months.

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Revel
Four of Atlantic City's casinos, including Revel, closed in 2014. (Jessica Kourkounis, Getty Images)
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Court filing lists many errors that helped kill Revel casino

The former owners of Atlantic City's Revel casino are acknowledging a long list of mistakes that helped kill the $2.4 billion resort, including an onerous energy contract that strangled the property from the get-go.

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People walk past the Revel Casino Hotel in Atlantic City
People walk past the Revel Casino Hotel in Atlantic City (AP Photo/Mel Evans)
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Judge says new Revel owner can cancel tenant leases

The new owner of Atlantic City's Revel casino can terminate the leases of former business tenants there, a judge ruled Monday.

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Revel Casino Hotel in Atlantic City
Revel Casino Hotel in Atlantic City (AP Photo/Wayne Parry, File)
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Power plant shuts off service at Revel casino

Two days after it was bought by a Florida developer, Atlantic City's former Revel casino went dark Thursday as the power plant that is its sole supplier of utilities cut off service.

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Gambling
William Thomas Cain, Getty Images
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Casino profits in Atlantic City grow 44 percent after 4 shutdowns in a year

Here's a rare instance of Atlantic City's rash of casino closures actually bringing some good news to the industry.

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Philadelphia developer Bart Blatstein speaks at a news conference on in Atlantic City
Philadelphia developer Bart Blatstein speaks at a news conference on April 1, 2015 in Atlantic City. (AP Photo/Wayne Parry)
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Music, bowling, sports, shopping eyed for AC Pier Shops

Philadelphia developer Bart Blatstein swept into Atlantic City on Wednesday and made a bold promise: His newly redone waterfront pier complex will soon be the city's top tourist attraction.

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Atlantic City workers
Spencer Platt, Getty Images
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Union costs helped kill 4 Atlantic City casinos, says Icahn

Billionaire investor Carl Icahn says a big reason four of Atlantic City's 12 casinos closed last year is the "exorbitant" payments they had to make to a union-run health insurance fund and an underfunded pension plan.

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People walk past the Revel Casino Hotel on the boardwalk in Atlantic City
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City (AP Photo/Mel Evans)
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Revel hopes for sale ‘soon’, seeks extension on Ch. 11 case

The owners of Atlantic City's former Revel casino hope to sell it "soon," even as they seek an extension through the end of June to wrap up its bankruptcy case.

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People walk past the Revel Casino Hotel on the boardwalk in Atlantic City
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City (AP Photo/Mel Evans)
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Moody’s fears Atlantic City default after state report

Wall Street is less than thrilled about what it has heard from emergency managers appointed by New Jersey Gov. Chris Christie to help turn around Atlantic City's finances.

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