Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Instead of building a tunnel that NJ needs, Christie built a casino that's going bankerupt
Revel's rocky launch
ATLANTIC CITY - Revel has failed thus far to grow the gambling market here, and despite massive state subsidies it is teetering on the brink of bankruptcy.
Some blame the casino's poor timing, coming on the scene amid a still-weak economy and bruising competition from surrounding states. Others say it has simply overreached, trying to be too like Vegas in a middle-of-the road, drive-in market. And still others are turned off by its lack of buffets, its no-smoking policy, its expensive rooms (averaging $210.96, versus $133.13 at next-priciest Borgata), and its dearth of moderately priced restaurants.
For whatever reason, it's a formula that is just not working.
Carol Lehman has this simple message for Revel: Cut back the video machines, substitute quarter slots for some $1 and $5 slots, and maybe things will pick up.
"I was grateful it was a nonsmoking casino," said Lehman, 60, of Levittown, Bucks County, who suffers from asthma. "But it was so disappointing. . . . [Revel] forgot that it's the middle class that goes to Atlantic City."
<<<<snip>>>>>
Total gaming revenue has been so low that Revel recently started matching the top-tier status of gamblers with loyalty player cards from other Atlantic City casinos - which means those players don't have to start from scratch at Revel. It also began paying $750 cash to Titanium Club members from Borgata and Seven Star Caesars Entertainment Club members - the top-level gamblers at those casinos - just so they would try out Revel, according to some operators.
Read more: http://www.philly.com/philly/business/20120819_Revel_s_rocky_launch.html#ixzz242NjGbqD
Watch sports videos you won't find anywhere else
ATLANTIC CITY - Revel has failed thus far to grow the gambling market here, and despite massive state subsidies it is teetering on the brink of bankruptcy.
Some blame the casino's poor timing, coming on the scene amid a still-weak economy and bruising competition from surrounding states. Others say it has simply overreached, trying to be too like Vegas in a middle-of-the road, drive-in market. And still others are turned off by its lack of buffets, its no-smoking policy, its expensive rooms (averaging $210.96, versus $133.13 at next-priciest Borgata), and its dearth of moderately priced restaurants.
For whatever reason, it's a formula that is just not working.
Carol Lehman has this simple message for Revel: Cut back the video machines, substitute quarter slots for some $1 and $5 slots, and maybe things will pick up.
"I was grateful it was a nonsmoking casino," said Lehman, 60, of Levittown, Bucks County, who suffers from asthma. "But it was so disappointing. . . . [Revel] forgot that it's the middle class that goes to Atlantic City."
<<<<snip>>>>>
Total gaming revenue has been so low that Revel recently started matching the top-tier status of gamblers with loyalty player cards from other Atlantic City casinos - which means those players don't have to start from scratch at Revel. It also began paying $750 cash to Titanium Club members from Borgata and Seven Star Caesars Entertainment Club members - the top-level gamblers at those casinos - just so they would try out Revel, according to some operators.
Read more: http://www.philly.com/philly/business/20120819_Revel_s_rocky_launch.html#ixzz242NjGbqD
Watch sports videos you won't find anywhere else
You know that Douchebag Christie could have taken the government money to help build that much needed tunnel between NJ and NYC that would have probably taken a decade to build (meaning good construction jobs for a decade) and been a major relief to the traffic between NJ and NYC. But instead he claimed it would have been a 'tunnel to nowhere' and instead built a casino that was so not needed. Between the recession and the fact that all the neighboring states now have casinos, the last thing that NJ needed was another casino clogging it's boardwalk in Atlantic City. But that was Christie's big bragging piece - he even stalked Bruce Springsteen to try to get him to play a concert at the Casino over Labor Day weekend (Bruce wouldn't even acknowledge Christie.)
Now the Casino is about broke which means all those people will be out of jobs and it will still be overcrowded trying to get from New Jersey to NYC.
What an idiot and this is the Key NOte Address speaker for the RNC? What idiots.
8 replies
= new reply since forum marked as read
= new reply since forum marked as read
belch....burp ....fart.....that's none of your ..belch...business....
and that's his gop message.
He has tried to break the backs of the state unions. We are still here though.
Sid
Know your projected market, business 101. 
