— New Jersey’s economic development agency, citing the prospect of thousands of jobs and billions in future tax revenue, approved tax incentives Tuesday to help complete the financing for the half-finished Revel casino project.
And now...
ATLANTIC CITY, N.J. (AP) — Atlantic City’s Revel Casino Hotel says it will shut down in September after failing to find a buyer in bankruptcy court.
The company announced the move Tuesday, saying it would close its doors Sept. 10.
The $2.4 billion casino opened just over two years ago, and never turned a profit.