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Real Estate


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February 2, 2009

Casino projects are canceled worldwide

  • Hope for Atlantic City kept flickering as long as Revel Entertainment forged ahead with its $2 billion project, but no more.
    • By WAYNE PARRY
    Associated Press Writer

    ATLANTIC CITY, N.J. — One casino in the nation's second largest gambling market is being run by a state trustee, another may be foreclosed on and three others are facing down bankruptcy.

    Hope for Atlantic City always seemed to keep flickering, though, as long as Revel Entertainment forged ahead building a $2 billion casino and hotel.


     
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