ATLANTIC CITY-The state of New Jersey could provide nearly $200 million over 20 years to begin a stalled Atlantic City casino project. The state would hold a stake in the company for helping the Revel casino project.
Gov. Chris Christie has said that he wants to transform Atlantic City similar to Las Vegas East. However, local officials fear that the Revel project would cripple other casinos. Revel Entertainment Group is looking for nearly $1.15 billion for the project. For the full story, go to Wall Street Journal.
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