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$2.4B Revel casino shuts down after just 2 years

9-2-14
ATLANTIC CITY, N.J. (AP) — Revel Casino Hotel closed its doors Tuesday morning, a little more than two years after opening with high hopes of turning around Atlantic City's struggling casino market. The 5:25 a.m. casino shutdown followed the ...
140901Hill

No One Wins as Revel Folds

9-1-14
Revel's hotel has closed and bystanders watch as the Revel sign was removed.
140901Johnson

Author Says Atlantic City Has Always Served As A Resort

9-1-14
Boardwalk Empire: The Birth, High Times, and the Corruption of Atlantic City author Nelson Johnson says that Atlantic City has had a purpose and that it has always served as a resort.

Sandy-hit towns wrestle with eminent-domain choice

9-1-14
ASHAROKEN, N.Y. (AP) — The Long Island village of Asharoken (ASH'-uh-roh-kehn) faces a dilemma as it seeks to protect itself from erosion and other problems in the wake of Superstorm Sandy. It can accept federal aid to build a dune and create ...

Revel Casino Hotel starts closing in Atlantic City

9-1-14
ATLANTIC CITY, N.J. (AP) — Atlantic City's newest casino and its costliest failure has begun its two-day shutdown. The $2.4 billion Revel Casino resort closed its hotel at 11 a.m. Monday. The casino will close at 6 a.m. Tuesday. Revel is one of ...

Showboat closes after 27 years in Atlantic City

8-31-14
ATLANTIC CITY, N.J. (AP) — The show is over for the Showboat Casino Hotel in Atlantic City, New Jersey. The Mardi Gras-themed casino shut down at 4 p.m. Sunday after 27 years on the Boardwalk. Owner Caesars Entertainment closed the still-profitable ...

AAA Mid-Atlantic: NJ gas prices still falling

8-30-14
TRENTON, N.J. (AP) — Motorists continue to see lower prices at the pumps in New Jersey. AAA Mid-Atlantic says the average price of a gallon of regular gasoline in the state on Friday was $3.25, down 2 cents from last week. That's also lower than ...

A history of casino revenue, jobs in Atlantic City

8-30-14
Here is a look at how gambling revenue and employment have changed since casinos launched in Atlantic City in 1978: ___ May 26, 1978: Resorts Atlantic City opens. Casino revenue: $134 million Casino employment: 3,300 ___ June 26, 1979: Caesars ...

Here’s what happens when a casino closes down

8-30-14
ATLANTIC CITY, N.J. (AP) — When a casino shuts down, making an announcement over the loudspeaker and herding gamblers off the casino floor is only the beginning. Here's a look at what takes place behind the scenes: — Secure the money and the ...

Atlantic City losing 2 casinos, 5K jobs in 3 days

8-30-14
ATLANTIC CITY, N.J. (AP) — A time few could imagine during the glory days of casino gambling has arrived in Atlantic City, where two casinos and more than 5,000 jobs will be lost this weekend. The Showboat is closing Sunday, followed by Revel's ...