Revel bankruptcy could jeopardize tax breaks the casino seeks to tap to pay creditors - Press of Atlantic City: Atlantic City | Pleasantville | Brigantine

Revel bankruptcy could jeopardize tax breaks the casino seeks to tap to pay creditors

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Posted: Friday, March 15, 2013 3:00 am

Revel wants to satisfy some of its debt by earmarking money from future state tax breaks, but by filing for bankruptcy, the megaresort is jeopardizing $261 million in total eligible tax breaks, financial filings show.

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