ATLANTIC CITY - The "Help Wanted" sign is out at one Atlantic City casino.
At a time when most of the gaming industry has been slashing jobs by the thousands, Revel Entertainment Group is going on a hiring binge.
Revel has begun to assemble the management team that will oversee its $2.4 billion megaresort opening next year. The management recruitment campaign is on top of the 2,000 construction jobs that Revel announced last month after the company secured more than $1 billion in new financing to finish the half-built project.
Using its corporate website and other online employment outlets, Revel is filling executive and supervisory positions all the way up to the vice president level. As of Friday, nearly 30 positions were open in such departments as finance, operations, sales, human relations, information technology and "resort experience."
One analyst said Revel's hiring campaign should provide a psychological lift to an industry battered by nearly 10,000 job cuts and billions of dollars in lost revenue over the last four years.
"Obviously, it's a great boost for Atlantic City. It's really a pivotal point for the city. It's not just Revel," said Israel Posner, director of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at The Richard Stockton College of New Jersey.
Kevin DeSanctis, Revel's chief executive officer, did not return calls seeking comment. However, job applicants can get a sense of the company's corporate philosophy on its website in a section titled "About the people of Revel."
"We are looking for people who are humble, hungry and smart, don't overly complicate things, and appreciate the value of treating others with dignity and respect," it says. "These are the ‘deal breakers' at Revel."
Posner said he is not surprised Revel has begun piecing together the rest of its management team more than a year before the casino's scheduled mid-2012 grand opening.
"You've got to have senior-level management planning and working well before a project opens," he said.
Last month, Revel was able to raise $1.15 billion in new financing to restart construction on the stalled project. Revel is the centerpiece of efforts to create new jobs and revive Atlantic City's slumping tourism market. Overall, the casino will have 2,000 construction jobs and about 5,500 permanent positions.
On Friday, three labor unions announced they have reached an agreement with Revel for operations and maintenance employees once construction is finished. The pact covers the New Jersey Regional Council of Carpenters Local 623, the International Union of Operating Engineers Local 68 and the International Union of Painters and Allied Trades District Council 711.
In addition to the direct impact of thousands of construction and permanent jobs at the casino, Posner said the project's secondary economic benefits will also ripple through the community.
"That is huge," he said. "You're talking about putting in another billion dollars in fixings, furnishings and fitting out the rest of the structure," he said. "When you consider supplies and the secondary effect, you can probably add another 50 percent."
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