“It was to offer more than just gambling. It would provide a sumptuous, Las Vegas-style experience. And that was the game plan, supported exuberantly by Gov. Christie and strategized by marketers and tourism experts. Now that major piece in the remodeling of Atlantic City is in doubt. Revel said Tuesday that it would seek Chapter 11 bankruptcy protection. If Revel tanks, so, too, might much of the vision of Atlantic City as a year-round resort. The $2.4 billion casino – the most expensive ever built in New Jersey – received more than $300 million in state construction funding.”
Related posts:
Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin
The greatest food in human history?
Restaurant Shift: Sorry, Just Part-Time
US nationals 'under siege'; citizen dies at Border Patrol checkpoint
Plastic bills: Quick! Spend them before they melt
Hundreds of Bangladesh textile plants shut indefinitely
More Africans leaping Spanish border fence to enter Europe
Joe Klein defends the murder of children by drones
Abenomics Spurs Gold Sales in Japan as Inflation Hedge
The trouble with using police informants in the US
US issues health warning over mercury fillings [2008]
China's biggest jeweller sees gold in the masses
Dubai offers gold to fight obesity epidemic
Businesses in Berlin open arms to digital currency Bitcoin
Napolitano, Graham: U.S. needs more technological entry and exit controls