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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Most Ambitious Casino In Atlantic City Could Be In Trouble
The Revel Casino opened in early April to great fanfare. The $2.6 billion dollar resort, backed with a $261 million tax credit by Governor Chris Christie, was supposed to help revitalize Atlantic City by providing appealing alternatives to non-gaming visitors.
Suzette Parmley of the Philadelphia Inquirer reports that just a few months later, the casino is falling well short of its revenue targets.
The casino booked $17.5 million in gaming revenue in July. According to the Inquirer report, Revel needs around $25-30 million just to pay its bonds and remain solvent.
Read more: http://www.businessinsider.com/revel-casino-financial-problems-2012-8
Chris Christie boondoggle in Atlantic City. The state of NJ should stop pandering to the casino operators in Atlantic City and open a casino in the Meadowlands where it might suceed in competition with NY and PA casios. They should also allow slots at the horse tracks.
Panasonic
(2,921 posts)and might think about heading over to Atlantic City, but my biggest question of the day is this:
Is there some casino a LOT closer that has poker, blackjack, all the table games? - I'll be in Brooklyn in three weeks, staying for a week.
FarCenter
(19,429 posts)Closest card games are the Sands in Bethlehem, PA. But that is part of the Adelson empire.
http://www.pasands.com/pennsylvania-casino/gaming/
Mount Airy casino in Mount Pocono, PA is a little farther.
http://mountairycasino.com/play/casino/table-games/
http://en.wikipedia.org/wiki/List_of_casinos_in_New_York
http://en.wikipedia.org/wiki/List_of_casinos_in_Pennsylvania
Bonhomme Richard
(9,000 posts)JackRiddler
(24,979 posts)I don't care that people want to lose their money. No one should be allowed to set up fraudulent schemes, not even when the suckers are willing.