Bankrupt Jersey Casino To Lift Smoking Ban
Most Expensive Property Ever Built There Will Change Some Things
Atlantic City’s most expensive casino ever, which officially filed for Chapter 11 bankruptcy protection this week, will soon allow gamblers to smoke, according to court documents.
Smoking bans are not common for casinos.
After opening in 2012, Revel casino never managed to put together a winning streak, quickly falling to the bottom of the pack among the city’s gambling joints. Revel’s failures can’t be solely blamed on its own decisions, however. Atlantic City has been slumping since 2006, and its fortunes don’t appear to be turning around anytime soon. Some are waiting on the implementation of web gambling to fix things. Gov. Chris Christie legalized that last month.
Revel ran into financial issues before even getting built. It took six years to complete and required an additional $1.1 billion investment in 2011, along with state help.
The restructuring of its roughly $1.2 billion worth of debt will not interrupt its day-to-day operations or affect employees, the company has said.
Image via Wikipedia.
For more news and poker tournament info from New Jersey, check out its landing page.
|1||Web Poker: Phil Ivey Loses Another $600K|
|2||Revel Casino Deal Salvaged, Sold For $82 Million|
|3||A Poker Life: Bryan Paris|
|4||Dan Gilbert Now Owns 100 Percent Of Ohio Casinos|
|5||Win Seat To Beach Poker Classic Via CarbonPoker|
|6||Poker Hand of the Week: What's Your Play?|
|7||Tribe Will Grow Marijuana If No Florida Casino|
|8||Jason Somerville Snags PokerStars Deal|
|9||Capture The Flag: Tristan Wade|
|10||Hooters Las Vegas Closes Its Small Poker Room|
|1||Poker Player Arrested At Final Table, Finishes 3rd|
|2||PokerStars Sues Erick Lindgren For $2.5 Million|
|3||World Series Of Poker Unveils 2015 Schedule|
|4||High-Stakes Poker Player Strikes Deal In Bomb Case|
|5||Ivey Wins Third Aussie Millions $250,000 High Roller|
|6||Poker Legend Doyle Brunson To Undergo Cancer Surgery|
|7||Horseshoe Cincinnati Cancels WSOP Circuit Stop|
|8||Online Poker: Phil 'Polarizing' Ivey Loses $600,000|
|9||Brad Pitt Loses $25K To Chauffeur In Poker Game|
|10||Man Turns Himself In Years After Casino Heist|