Atlantic City, City Council decision could trouble Revel

ATLANTIC CITY -- The Revel's conundrums rumble on, according to the Philadelphia Inquirer. City Council has just approved redevelopers for the area where the Revel is located, the report said. This could, in theory, afford them the ability to condemn the casino, the Philadelphia Inquirer report said.

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No sign of Revel reopening

ATLANTIC CITY -- Glenn Straub says Revel or its new incarnation will not reopen this summer, the Press of Atlantic City reports.

Mr Straub hopes instead to establish an indoor waterpark by November, the report said.

The information came to light during a court hearing on the ongoing dispute with the power supplier over unpaid bills from the bankruptcy proceedings, the Press of Atlantic City said.

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Atlantic City at risk of default

Atlantic City at risk of default, just like Detroit. The city 'of New Jersey, known for its casino and known throughout the world as the new Las Vegas in 1976 when he decided to bet on gambling to boost its economy in crisis, seems to be destined to become the second city 'American bankruptcy.

Yesterday in Atlantic City announced the closure of the Revel, the last of his great casino, the 'green' or eco-friendly. Earlier this year they announced the closure of its 12 3 other casino, while the unemployment rate citizen and 'jumped to 13.8%

Indeed, gambling in Atlantic City in reality 'is not' never took off like the one in Las Vegas, and 'always remained at a poor level,' hit and run '.

While Las Vegas, the city 'of sin, and' become a real propra entertainment industry, the gambling capital of the United States, while Atlantic City and 'remained a place where Americans and especially New Yorkers traveling alone to play and then leave.

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