Christie: ‘I am plugged in, i’m listening and I am working.’

New Jersey Governor Chris Christie has been challenged by casino workers over jobs, as three associated with 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 group of workers from the threatened Revel, Showboat and Trump Plaza, chanting ‘Save our Jobs’ and ‘Five Year Promise.’

Last year Christie issued a five-year plan that promised to repair the New Jersey economy, providing millions of bucks each year to bring more flights to the Atlantic City airport, promote more convention business and raise private investment to the casino market.

Revel was a ingredient that is key Christie’s designs for Atlantic City. Conceived before the recession, construction of the Revel project started in 2008, just while the economic downturn hit, and Revel Inc found it self in financial dire straits, especially when backers, Morgan Stanley, pulled down soon after.

The project that is entire been a complete tragedy, consistently losing profits since it opened in 2012 and more recently hemorrhaging $2 million per week

Christie, for who Revel represented the promise of a gleaming, revitalized Atlantic City, intervened having a $261 million dollar bailout in taxation credits and loan that is new desperate to see the $2.4 billion project right through to completi Read more →