Chinese Gov't to Help Finish Revel's Atlantic City Casino
By wchung | 11 May, 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
- Mamdani May Yet Make Good on 'Freeze the Rent' Pledge
- Vox Momenti: Demon Kim-Pop Hunger
- Billions in Port Fees on Chinese-Built Ships to Figure in Trump-Xi Summit
- Alphabet, Amazon Tap Overseas Debt Markets to Fund AI Infrastructure Push
- Jeffries Vows Dems Will Win House Majority in 2026 and 'Bury' Republicans in 2028 Redistricting
- US Industry, Lawmakers Beseech Trump Not to Open to Chinese Cars at Summit
- China's Marriages Fall to Decade Low, Deepening Demographic Concerns
- Philippines Presidential Hopeful Sara Duterte Impeached, Awaits Senate Trial
- Trump-Xi Summit to Tackle Iran, Taiwan, Nukes, Trade, AI Rare Earths
- US Existing Home Sales Increased Less Than Expected in April
