Revel Casino Emerges From Bankruptcy FilingThe pre-planned Chapter 11 filing wiped out $1.2 billion of the casino's $1.5 billion in debt, by giving lenders an 82 percent ownership stake.
Atlantic City's Revel Casino Already Filing For BankruptcyLess than a year after opening, the Revel casino and hotel in Atlantic City has announced it is filing for chapter 11 bankruptcy next month.

More From CBS New York

Get Our Morning Briefs
Bloomberg WCBS Tri-State Business Index

Listen Live