Chinese Gov't to Help Finish Revel's Atlantic City Casino
By wchung | 03 Jul, 2026
Revel Casino in Atlantic City, N.J. Revel Entertainment has turned to the Chinese government for financing to finish its construction. (AP Photo/Mel Evans, File)
Revel Entertainment has turned to the Chinese government for help finishing its lavish Atlantic City casino.
China State Construction Engineering Corp., the construction arm of the Chinese government, said in a filing with the Shanghai Stock Exchange that it is forming a construction consortium worth $1.7 billion with Revel Entertainment and Tishman Construction to complete what is likely to be Atlantic City’s last new casino for quite awhile.
Last year the project’s pace was slowed due to the recession. All but exterior work on the $2 billion ocean-themed Boardwalk casino was halted and hundreds of construction workers were laid off in January.
The Chinese company will own 51 percent of the construction partnership.
9/10/2009 1:34 PM WAYNE PARRY, Associated Press Writer ATLANTIC CITY, N.J.
Recent Articles
- Zuckerberg Says Meta AI Agent Tech Progressing Slower Than Expected
- Japan's Services Activity Returned to Growth in June
- Air Force to Investigate Officer Who Called for Trump Impeachment
- How Americans Plan to Celebrate July 4th 250
- Tesla's China-Made EV Sales Jumped 24.4% on Year in June
- OpenAI Proposes AI Firms Hand 5% Stakes to US Government
- Microsoft Launches Firm to Help Companies Adopt AI with $2.5 Billion
- Rivian Raises 2026 Delivery Forecast on Strong Demand, R2 Boost
- US Job Growth Slowed in June but Unemployment Rate Fell to 4.2% As Labor Force Shrinks
- Tesla Posts Record Q2 Deliveries on Europe Sales Rebound
