NJ lawmaker: Don't let Caesars buy Revel casino

NJ lawmaker: Don't let Caesars buy Revel casino

Posted: Updated:
Photo by Arun Kristian Das Photo by Arun Kristian Das

ATLANTIC CITY, N.J. (AP) - A New Jersey State senator wants regulators to prevent the world's largest casino company from adding to its portfolio in Atlantic City.

Sen. James Whelan, a former Atlantic City mayor, said he voiced concern to casino regulators and Gov. Chris Christie's office that the potential sale of Revel to Caesars Entertainment would violate a provision of New Jersey law prohibiting one company from owning too much of the casino market.

Caesars, which already owns four of the city's 11 casinos, is among potential buyers cited in published reports.

Bloomberg News reported Caesars is considering a bid for Revel, while the New York Post says Hard Rock International is doing likewise.

Neither company would comment.

Revel is considering selling itself, or making a second bankruptcy filing.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Man sucker punched in knockout attack

    Man sucker punched in knockout attack

    Thursday, August 21 2014 4:00 PM EDT2014-08-21 20:00:46 GMT
    The so-called 'knockout game' where a person punches another unsuspecting person has made its way to Hackensack, N.J. Police say an assailant attacked three people on the same day. Surveillance video shows the athletically built suspect punch a man in the face and stroll away. The man fell to the ground. Two other assaults took place within less than 15 minutes.
    The so-called 'knockout game' where a person punches another unsuspecting person has made its way to Hackensack, N.J. Police say an assailant attacked three people on the same day. Surveillance video shows the athletically built suspect punch a man in the face and stroll away. The man fell to the ground. Two other assaults took place within less than 15 minutes.
  • Clark police respond to 22 reports of burglary from autos this morning

    Clark police respond to 22 reports of burglary from autos this morning

    Thursday, August 21 2014 1:25 PM EDT2014-08-21 17:25:08 GMT
    The Clark Police Department has received 22 reports of burglaries of unlocked cars Thursday morning. Reports were received from residents of Hillcrest Drive, Thomas Drive, Grove Street, Orchard Terrace, Briarheath Lane and Stonehenge Terrace. There are no suspects at this time.
    The Clark Police Department has received 22 reports of burglaries of unlocked cars Thursday morning. Reports were received from residents of Hillcrest Drive, Thomas Drive, Grove Street, Orchard Terrace, Briarheath Lane and Stonehenge Terrace. There are no suspects at this time.
  • Park Service bans drones over Appalachian Trail

    Park Service bans drones over Appalachian Trail

    Thursday, August 21 2014 8:25 AM EDT2014-08-21 12:25:02 GMT
    The National Park Service has banned drones from flying over the Appalachian Trail. The Park Service said Wednesday the interim rule prohibits launching, landing or operating unmanned aircraft from or on Appalachian National Scenic Trail lands. The ban takes effect immediately and lasts until the Park Service can develop an appropriate policy. 
    The National Park Service has banned drones from flying over the Appalachian Trail. The Park Service said Wednesday the interim rule prohibits launching, landing or operating unmanned aircraft from or on Appalachian National Scenic Trail lands. The ban takes effect immediately and lasts until the Park Service can develop an appropriate policy. 
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices