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News Stories (2 Results) - Casino Bankruptcies

Reuters reports that Atlantic City's troubled Revel Casino Hotel on Jun. 19 filed its second bankruptcy in just over a year and said it is hunting for a buyer.The casino, which had gone through Chapter 11 bankruptcy in March 2013, warned employees... Read Story
June 20, 2014, 07:11 AM

Revel AC Inc., the casino owner that New Jersey Governor Chris Christie bet on to revive Atlantic City, plans to file for a prepackaged bankruptcy that will reduce its debt burden by more than $1 billion. Certain Revel lenders will provide about... Read Story
February 20, 2013, 07:39 AM