Gov. Chris Christie on Wednesday offered his support for the struggling Revel hotel and casino, which revealed its plan to file for Chapter 11 bankruptcy protection in March.
The move comes less than a year after the luxury resort opened its doors.
Casino management says guests won't notice anything different while they restructure to wipe away nearly a billion dollars in debt.
During a news conference Wednesday, Gov. Christie said he still has faith in Revel and in Atlantic City.
The resort cost $2.4 billion to build, but since last April it has remained at the bottom of Atlantic City's 12 casinos in terms of casino revenue.
Tuesday, May 21 2013 12:26 AM EDT2013-05-21 04:26:18 GMT
A monstrous tornado at least a half-mile wide roared through the Oklahoma City suburbs Monday, flattening entire neighborhoods and destroying an elementary school with a direct blow.
A monstrous tornado at least a half-mile wide roared through the Oklahoma City suburbs Monday, flattening entire neighborhoods and destroying an elementary school with a direct blow.
Monday, May 20 2013 11:08 PM EDT2013-05-21 03:08:39 GMT
An ugly business stained with sex, drugs and violence is exploding on the Internet. It's called sex trafficking, and it happens right here in our area.
An ugly business stained with sex, drugs and violence is exploding on the Internet. It's called sex trafficking, and it happens right here in our area.
Monday, May 20 2013 11:07 PM EDT2013-05-21 03:07:00 GMT
A woman says she got kicked out of a Montgomery County mall for wearing a cancer-awareness hat. But it's the language, not the message, that got her into trouble.
A woman says she got kicked out of a Montgomery County mall for wearing a cancer-awareness hat. But it's the language, not the message, that got her into trouble.
Monday, May 20 2013 10:20 PM EDT2013-05-21 02:20:18 GMT
Mike Kersten and his wife Lisa of Croydon, Lower Bucks County opened their front door over the weekend only to find police telling them to stay inside. A large black bear was spotted climbing one of
A black bear seen in Bucks County is still the talk of the area for residents.
Monday, May 20 2013 7:27 PM EDT2013-05-20 23:27:47 GMT
A century-old community staple in Cherry Hill was up for auction Monday. The Woodcrest Country Club has experienced some financial problems recently, and after efforts from the township and the Freeholders
Cherry Hill's Woodcrest Country Club went up for auction Monday, with a pending sale in place after an offer from a Marlton-based developer.
