How healthy is Revel?

From The Record:

Atlantic City’s main casino union wants state gambling regulators to determine whether the city’s newest casino is financially stable.

The union cites Revel’s disappointing performance in its first four months of operation and claims the $2.4 billion casino owes $27 million in unpaid bills to contractors and vendors.

The casino received a significant amount of state money to keep it moving forward and allow it to open. The question is whether the Revel itself is a problem or is part of a larger systemic problem in the state’s gambling mecca.


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