Gov. Chris Christie on Wednesday offered his support for the struggling Revel hotel and casino, which revealed its plan to file for Chapter 11 bankruptcy protection in March.
The move comes less than a year after the luxury resort opened its doors.
Casino management says guests won't notice anything different while they restructure to wipe away nearly a billion dollars in debt.
During a news conference Wednesday, Gov. Christie said he still has faith in Revel and in Atlantic City.
The resort cost $2.4 billion to build, but since last April it has remained at the bottom of Atlantic City's 12 casinos in terms of casino revenue.
Wednesday, May 22 2013 7:01 PM EDT2013-05-22 23:01:42 GMT
Thursday weather looks damp and stormy. It will be mild and muggy to start with spotty showers early followed by afternoon and evening storms. Highs in the upper 70s with winds out of the SW 5-10 mph. Some of the storms will produce locally heavy rain and gusty winds.
This system is from the same cold front that caused the midwest tornadoes. It will also usher in cooler air for the holiday weekend.
Wednesday, May 22 2013 5:04 PM EDT2013-05-22 21:04:25 GMT
Veteran narcotics officer Jeff Walker was part of some of Philadelphia's most celebrated drug raids including a huge marijuana bust that netted $1.5 million dollars in pot. Now Walker finds himself on
Veteran narcotics officer Jeff Walker was part of some of Philadelphia's most celebrated drug raids including a huge marijuana bust that netted $1.5 million dollars in pot. Now Walker finds himself on
Wednesday, May 22 2013 4:59 PM EDT2013-05-22 20:59:02 GMT
The Philadelphia parents who admitted to praying for their sick baby instead of getting him medical attention are charged with third-degree murder. Herbert and Catherine Schaible's seven-month-old son,
The Philadelphia parents who admitted to praying for their sick baby instead of getting him medical attention are charged with third-degree murder. Herbert and Catherine Schaible's seven-month-old son,
Wednesday, May 22 2013 1:30 PM EDT2013-05-22 17:30:01 GMT
New Jersey says it's cracking down on bars and restaurants amid claims that they're substituting premium alcoholic beverage brands with "well brand spirits," unbeknownst to customers.
New Jersey says it's cracking down on bars and restaurants amid claims that they're substituting premium alcoholic beverage brands with "well brand spirits," unbeknownst to customers.
Wednesday, May 22 2013 1:09 PM EDT2013-05-22 17:09:44 GMT
Police say they're looking for the public's help to find a man seen on surveillance video firing an AK-47 into a car and a gentleman's club earlier this month in Southwest Philadelphia.
Police say they're looking for the public's help to find a man seen on surveillance video firing an AK-47 into a car and a gentleman's club earlier this month in Southwest Philadelphia.
Wednesday, May 22 2013 12:49 PM EDT2013-05-22 16:49:38 GMT
Wow! Doylestown really rolled out the welcome mat (and a real red carpet) this morning when Good Day's Jenn Frederick came to town!We chose Doylestown as one of the places to visit in our series called
Wow! Doylestown really rolled out the welcome mat (and a real red carpet) this morning when Good Day's Jenn Frederick came to town!We chose Doylestown as one of the places to visit in our series called
Wednesday, May 22 2013 12:32 PM EDT2013-05-22 16:32:28 GMT
There is a beautiful new bench outside Engine 53 in South Philadelphia honoring a brave and dedicated firefighter who gave his life to protect his community. Captain Michael Goodwin's name is etched into
There is a beautiful new bench outside Engine 53 in South Philadelphia honoring a brave and dedicated firefighter who gave his life to protect his community. Captain Michael Goodwin's name is etched into
