Making the News

Philadelphia Inquirer

Originally Published:Thursday, October 28, 2010

Signs that work on Revel casino is resuming

By Suzette Parmley
Philadelphia Inquirer

Gaming analysts say a lot is riding on the casino's completion. An analysis in August of Christie's takeover plan, by Spectrum Gaming Group L.L.C., estimated that a fully built Revel would generate $40 million a year in property taxes for Atlantic City.

"The resumption of full construction of Revel would be a significant development in a city that needs a good-news story," Spectrum's Joseph Weinert said. "Seemingly, the whole city is looking toward the completion of this massive project as a catalyst for Atlantic City's rebound from the now-four-years-old decline."


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