Ocean Casino Resort News - Page 10

Revel plans to implement the restructuring through voluntary, prepackaged Chapter 11 cases, and intends to complete the restructuring early this summer.

No taxpayer funds will be used to finance the restructuring, the company said.

Wall St Journal reporting Revel has hired lawyers incase of possible bankruptcy.

Financial struggles may prompt a rewind on no smoking rules.

Revel’s hotel rooms, restaurants and entertainment venues were completely booked New Year's Eve for what executives were predicting would be the resort’s biggest night yet.

Revel acquires $150 million in loans and announces plans to build a a new high limit slot ultra-lounge, an expanded players club and a restaurant.

Revel has been served liens by 40 construction companies over non-payment.

Atlantic City and Revel are working to resolve three outstanding lawsuits pending in the Tax Court of New Jersey.

With more than 25 years in the casino industry, Darlene Monzo will join the resort’s management team as senior vice president, Marketing.

Casino City's Vin Narayanan and Aaron Todd discuss the Republican Party's platform which calls for the prohibition of online poker, Nevada licensing its first online poker room, subscription poker and the fate of Revel in Atlantic City. They also make their highly entertaining best bets for the week.

Moody's Investors Service has lowered the credit ratings of Revel Casino Resort and also its senior secured revolver and term-loan ratings.

Revel Casino's latest figures for July show the casino has yet to attract the crowds it hoped.

This benefit from Revel allows visitors to upgrade their player cards from other casinos to the Revel Card program.

Revenue down 10 percent for April, despite the opening of Atlantic City's newest casino Revel.

Figures for Revel's first month of operation show it took in $13.4 million in gambling revenue.

The "DigiPit," as Revel has dubbed the area where the DigiDeal tables are featured, consists of a double runway stage surrounded by the DigiDeal machines.

Unions unhappy that Revel wants to thwart the tradition of Atlantic City being a union town and not offer workers the protection of a union.

The new $2.4 billion Revel Casino offers the taste buds excellent prospects.

The Revel has risen up and opened its $2.4 billion doors.

Casino City's Vin Narayanan and Aaron Todd discuss the opening of Revel Casino Resort in Atlantic City, discuss its business model and potential impact on the city and the gaming market. They also look at a California casino's unique efforts to convert poker tournament players into poker cash game players, the report on Alderney's handling of the Full Tilt saga and make their best bets.