ï»¿ Christie: ‘I am plugged in, i will be listening and I have always been working.’
New Jersey Governor Chris Christie was challenged by casino workers over jobs, as three for the city’s casinos face imminent closure. Christie, who had been at Ocean City Town Hall to discuss pension reforms, was greeted on their arrival by a small grouping of workers from the threatened Revel, Showboat and Trump Plaza, chanting ‘Save our Jobs’ and ‘Five Year Promise.’
Each year to bring more flights to the Atlantic City airport, promote more convention business and raise private investment into the casino market in 2011 Christie issued a five-year plan that promised to fix the New Jersey economy, offering millions of dollars.
Revel had been a ingredient that is key Christie’s designs for Atlantic City. Conceived before the recession, construction of the Revel project started in 2008, just since the downturn that is economic, and Revel Inc found it self in financial dire straits, especially when backers, Morgan Stanley, pulled away soon after.
The project that is entire been a complete catastrophe, consistently losing money since it opened in 2012 and much more recently hemorrhaging $2 million per week
Christie, for whom Revel represented the promise of a gleaming, revitalized Atlantic City, intervened having a $261 million dollar bailout in taxation credits https://aussie-pokies.club/lightning-link-pokies-review/ and loan that is new hopeless to understand $2.4 billion project Continue reading