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Revel CEO Dismisses Rumors of Closure By Next Owner

(Revel Casino-Hotel.  File photo provided)

(Revel Casino-Hotel. File photo provided)

Kim Glovas Kim Glovas
Kim Glovas has been covering breaking and developing news as a...
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By Kim Glovas

ATLANTIC CITY, N.J. (CBS) — Employees at the financially struggling Revel casino-hotel may vote to unionize under Local 54 (“Unite Here”), but management at the resort property says it wants to clear up some misconceptions first.

Revel president and CEO Scott Kreeger says the casino-hotel is working toward financial stability. And, he adds, that does not include closing if ownership changes.

He says rumors started when the Hard Rock Café considered buying the casino and closing it for a while (see related story).  But Kreeger says that’s not the case now:

“I wanted to set the record straight and make sure that the general public, the Atlantic City marketplace, and my employees specifically, know that I have not had any conversation with any of the potential interested parties in a closure of the property.”

Kreeger says if the workers choose to unionize, that is their choice and their right.

He also says reports that Revel received taxpayer dollars from the Economic Redevelopment Growth grant are false.

Kreeger adds that the only thing that will turn Revel around is economic success, and he’s hoping to have a sale finalized by the end of the year.

 

 

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