Revel Entertainment Group LLC

Struggling Casino Industry Drags Atlantic City's Economy Down

Morgan Stanley posts 3Q loss on special charges

Morgan Stanley reports 3rd quarter loss tied to changing value of bank's own debt. Morgan Stanley became the latest investment bank to report weaker results Wednesday from a trading slowdown during the summer.
 

Morgan Stanley falls further behind Goldman

NEW YORK (Reuters) - Morgan Stanley reported a surprising third-quarter loss, suggesting the bank is losing hard-won ground in the battle with Goldman Sachs for Wall Street supremacy.
 

Morgan Stanley reports $91 mln quarterly loss

The swing into loss in the quarter compared with a profit of 498 million dollars in the same period a year ago.
 

Revel-ation: Morgan Stanley's $932M loss on casino

A Revel-ation: Morgan Stanley profit cut 40 pct by $932M loss on casino project it abandoned. Just how bad have things gotten in the nation's second-largest gambling market?
 

Wynn Resorts not interested in Revel casino

Steve Wynn not interested in Atlantic City's Revel casino _ or anything else there. Las Vegas casino mogul Steve Wynn said Friday that he's not interested in Atlantic City's stalled Revel casino project ? or anything else here, either.
 

Judge: AC must prepare for vote on Revel tax break

Judge: Atlantic City must prepare for public vote on proposed $300M tax break for Revel casino. A judge ordered Atlantic City on Wednesday to start preparing for a public referendum on whether the state should grant a $300 million tax break to the stalled Revel casino project.
 

Morgan Stanley bows out of Atlantic City project

NEW YORK (Reuters) - Morgan Stanley is bowing out of the Revel casino in Atlantic City, a move that will result in a "substantial loss" of its $1.2 billion investment in the partially built property.
 

Morgan Stanley pulling out of Revel casino in NJ

Morgan Stanley pulling out of Revel casino development in Atlantic City, imperiling project. Morgan Stanley said Thursday it is pulling out of the $2 billion Revel casino in Atlantic City and is prepared to take "a substantial loss" on the stalled project, into which it has already sunk $1.2 billion.
 

Atlantic City casino CEO 'close' to China loan

A troubled Atlantic City casino's luck may change with China financing CEO calls `very close'. It hasn't even opened yet, but Revel seems to be the unluckiest casino on Earth.
 

Protesters call on NJ gov to kill casino tax break

Protesters call on NJ governor to reject $300M tax break for Revel casino under construction. As Gov. Chris Christie considers whether to sign a bill preventing voters from having a say on projects funded by state stimulus money, opponents of a $300 million tax break for a casino under construction are calling upon the governor to reject the incentive.
 

Post-snow, Northeast mops up from wind-driven rain

Northeast copes with flooding, power outages as rain takes up where blizzards left off; 6 dead. Last month, the Northeast was smothered by blizzards. Now, it's waterlogged by torrential rains.
 

Chinese govt to help finish Revel's AC casino

Chinese government to help finish building Revel's Atlantic City casino. Revel Entertainment has turned to the Chinese government for help finishing the lavish casino it is building on Atlantic City's Boardwalk.
 

Chinese gov't to finance rest of Revel's AC casino

Chinese government to finance rest of Revel's Atlantic City casino. Revel Entertainment has turned to the Chinese government for financing to finish its lavish Atlantic City casino.