The president of Atlantic City’s Revel Casino Hotel has told the Associated Press that the potential buyers for the casino that the company has been speaking with are all interested in keeping the casino resort open after a sale.
The potential sale of the property has caused concern among its workers that the casino could be shut or suffer a large-scale loss of jobs in a sale. That has led to a unionizing effort at the casino.
Scott Kreeger, president of Revel, told the wire service that all the interested parties Revel has spoken with plan to continue operating it, though he did not identify any of the potential buyers.
“It is premature to speculate on the results of this process, but we are mindful of our employees’ concerns regarding job stability,” Kreeger said.
Revel is the city’s only nonunion casino, but the city’s main casino union, Local 54 of the Unite-HERE, has come out in support of Revel workers.
Workers have conducted a march on the casino to present a union petition and made an appearance before the New Jersey State Investment Council asking it to press an investment fund that is Revel’s largest owner to protect workers’ jobs. The state plans to give the fund from Revel’s principal owner Chatham Asset management $300 million in state pension funds to invest in other companies.
Kreeger said Revel has not interfered with efforts to organize its workers and said it would not do so in the future.
“In response to recent activity by Local 54 Unite-HERE, it is important to note that Revel respects the rights of our employees to debate the merits of being represented by a union,” he said.
