A Florida developer has offered $90 million for the Revel Casino Hotel that shut down last week, lawyers for the resort said Wednesday in court documents.
This morning Eric Scott was discussing just how much of an impact the closing of the Revel closing will have on unemployment in New Jersey. It will be one of the biggest mass filings for unemployment ever in New Jersey's history.
For those Atlantic City workers who are looking for re-employment, visit Jobs4Jersey...
Read More
...
Tuesday marks the end of the line for Revel Casino Hotel, Atlantic City's newest gaming hall. According to industry experts, the multibillion dollar project was doomed from the start.
Hours before hundreds of workers were to hold a prayer rally as three casinos are set to close, New Jersey officials issued a final closure order for another one.
Revel's closing leaves a lot of questions for the future of Atlantic City - one of them being 'what should be done with the empty building?' Listeners of the Jim Gearhart show called in to give their suggestions about how the hotel could be used.
Revel Casino Hotel, the $2.4 billion resort that opened just over two years ago as a hoped-for savior for Atlantic City's sinking revenues, is closing a week earlier than planned.
A federal bankruptcy judge says she would approve bonuses worth a total of $1.75 million for executives at Atlantic City's Revel Casino Hotel if they manage to sell the property.