Judge OKs Auction For Closed $2.4B Revel Casino
A bankruptcy court judge says she will approve an auction Sept. 24 for the closed $2.4 billion Revel Casino Hotel.
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A bankruptcy court judge says she will approve an auction Sept. 24 for the closed $2.4 billion Revel Casino Hotel.
Sources tell CBS 3 Eyewitness News that the Trump Taj Mahal in Atlantic City is filing for bankruptcy, is expected to close in November and terminate all employees.
Revel Casino Hotel told a bankruptcy court judge it is still negotiating with potential buyers.
Atlantic City's mayor says there are six potential buyers for the Revel Casino Hotel, which is up for sale next month at a bankruptcy auction.
Shortly after distributing the letters, Revel filed a Chapter 11 petition with the federal bankruptcy court, its second in as many years. Revel said it hopes to find a buyer quickly.
Competitors are already picking at the soon-to-be-closed Atlantic Club Casino Hotel, trying to lure customers and employees to their own casinos.
The Atlantic Club Casino Hotel in Atlantic City says it will close on January 13th, reducing the number of casinos in the struggling gambling resort to eleven.
Six months after exiting bankruptcy court, Atlantic City's newest casino may be up for sale — or headed back to bankruptcy.
The Atlantic Club Casino Hotel filed for Chapter 11 bankruptcy protection Thursday, the second Atlantic City casino to do so this year.
Chris discusses President Obama's statement on Trayvon Martin and Race, the impending birth of the royal baby, and the bankruptcy of Detroit. He talks to Jeff Roe and Michael Bronstein on the Monday Morning Matchup, Phillies Manager Charlie Manuel, John Hayward from Human Events, and Rob Levine from Holt's Cigar Company.
From Beach Haven at the Jersey shore, Chris follows the bankruptcy filing by the city of Detroit, the President's statements on the efficacy of Obamacare. He also talks to Steve Cordasco on Finance Friday, CBS 3's Beasley Reece, and Lou Richards, Owner of the Crust and Crumb.
The struggling Atlantic City casino formally emerged from bankruptcy court on Tuesday, just 13 months after it opened with sky-high hopes.
Singer Dionne Warwick owes nearly $10 million in back taxes and has filed for bankruptcy.
On Monday, the $2.4 billion resort found it could not break the law of supply and demand as it filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Camden.
Kevin DeSanctis, the man who guided Atlantic City's Revel casino-hotel through its tortuous development, only to see it struggle in the cutthroat East Coast gambling market, is stepping down as head of the $2.4 billion resort.
Chris responds to the President's warnings about sequestration and is excited about a bill to finally privatize Pennsylvania's liquor stores. He talks to Wolgang Puck to discuss the OSCAR's Governor Ball that he will be catering and to Tom McGrath from the Philly Post. He also brings, Manning, the Piazza Pet of the Week in to get adopted.
TMZ reports that Allen Iverson lost his $4.5 million dollar home in foreclosure.
Lenny Dykstra could be sentenced to up to 20 years in his bankruptcy fraud case.
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union.
Rhode Island's economic development agency on Thursday sued former Philliespitcher Curt Schilling.
Curt Schilling auction begins today, but no bloody sock.
Former Phillies pitcher Curt Schilling might have to sell the famed blood-stained sock he wore during the 2004 World Series to cover millions of dollars in loans he guaranteed to his failed video game company.
Former Red Sox pitcher Curt Schilling's failed video game company heads to a federal bankruptcy court in Delaware, as work begins to sort out what can be salvaged from a company that says it owes more than $270 million.
What do you do to protect your good credit when tying the knot with someone whose credit is a disaster?
The Philadelphia Orchestra and the major thorn in management's side during the more than year-long bankruptcy process, the National Musicians' Pension Fund, have settled their dispute.
Monday, the final day of August, will be partly to mostly cloudy, with scattered showers, but the week ahead in the Philadelphia region will be unsettled.
Cyclists took over the streets of the city on Sunday for the Philadelphia Cycling Classic.
Celtics fans packed Boston Common on Sunday as recently traded Jaylen Brown returned to the city he called home for 10 seasons.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
The Philadelphia Eagles' roster could change before the regular season opener vs. the Commanders, but here's who made the cut.
Two people died and eight others were hurt in a shooting on Locust Street in Trenton early Sunday morning, officials say.
Monday, the final day of August, will be partly to mostly cloudy, with scattered showers, but the week ahead in the Philadelphia region will be unsettled.
Cyclists took over the streets of the city on Sunday for the Philadelphia Cycling Classic.
Celtics fans packed Boston Common on Sunday as recently traded Jaylen Brown returned to the city he called home for 10 seasons.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
Cyclists took over the streets of the city on Sunday for the Philadelphia Cycling Classic.
A Pennsylvania man died when he lost control of his motorcycle and crashed into another rider, police say.
A second robbery with an AR-style rifle happened in Center City early Friday morning, Philadelphia police said.
Two men were hospitalized after being shot on West Westmoreland Street in Philadelphia, police say.
Nelson Contreras-Gelves' wife and employer are fighting to get him released from Immigration and Customs Enforcement custody.
Two people died and eight others were hurt in a shooting on Locust Street in Trenton early Sunday morning, officials say.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
Seven New Jersey college students had to find a new place to live after heavy rain flooded their home near Rowan University this week.
Three AMC Theatres in the Philadelphia region are holding special screenings to celebrate the life and legacy of Dolly Parton.
After a rainy Thursday, the Philadelphia area will see a partly sunny and warm Friday with a few scattered showers and storms.
After a rainy Thursday, the Philadelphia area will see a partly sunny and warm Friday with a few scattered showers and storms.
Thursday is a NEXT Weather Alert day with a round of showers and thunderstorms becoming more widespread from midday through the afternoon and evening.
Wednesday will be another beautiful late August day with dew points in the mid-50s and low 60s, so humidity will be nice and low.
Interactive exhibits and some artifacts dating back more than 100 years help detail the transformation of the Mother African Union Church.
Tuesday will be another beautiful day in the Philadelphia region with sunshine, low humidity and highs near 82 degrees.
After losing her mother, Sarah Kagan wants to change how employers deal with grief.
Pennsylvania health officials say two people who had measles died in the state, but Health Secretary Robert F. Kennedy Jr. is questioning that.
A Philadelphia police officer taking daraxonrasib for pancreatic cancer says the drug is giving her hope.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
The trial at Temple's Fox Chase Cancer Center is testing the experimental treatment in patients with myelofibrosis who aren't responding to traditional therapies.
New Jersey floral designer Alisha Simone Bell said she puts her "whole heart" into every arrangement and every detail.
On Tuesday, Pennsylvania took a major step in the fight against the negative impacts of social media, particularly on children.
Thieves are smashing windows and targeting trading card stores looking for valuable Pokémon cards, police in South Jersey say.
Customers lined up to support Somerdale Cold Cuts as it reopened after a copper theft.
While some assume landlords are required to provide air conditioning, the law is not nearly as clear-cut as it is for heat in the winter
For the first time in a decade, the Philadelphia Cycling Classic returns this weekend.
Beginning Sunday, several bus routes in Philadelphia are changing, including the addition of two new routes.
A deadly crash in Warminster is under investigation Sunday, police said.
PennDOT is advising drivers about an overnight closure on the Schuylkill Expressway westbound in West Philadelphia between 30th Street and the interchange with I-676 East.
Pennsylvania State Police are investigating two crashes, one of which was fatal, that happened hours apart on I-95 and I-76 in Philadelphia.
Cyclists took over the streets of the city on Sunday for the Philadelphia Cycling Classic.
Zack Wheeler allowed one run in six innings as the Philadelphia Phillies completed a three-game sweep with a 5-2 win over the Los Angeles Angels.
The Philadelphia Eagles' roster could change before the regular season opener vs. the Commanders, but here's who made the cut.
Kyle Schwarber hit a go-ahead RBI single and Trea Turner had a two-run single in a three-run 10th inning in the Philadelphia Phillies' victory Saturday.
The Philadelphia Union beat the New York Red Bulls 3-1 on Saturday night to extend their unbeaten streak to seven.
"Sunday Morning" looks back at the astonishing career of the queen of country music, whose talent, warmth, wit, and philanthropy made her a genuine, once-in-a-generation luminary.
Three AMC Theatres in the Philadelphia region are holding special screenings to celebrate the life and legacy of Dolly Parton.
Stella Parton said her sister Dolly told her "that if there was no hope for her, she would still allow her medical team to try experimental drugs in the hope of helping others in the future."
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
Hosts Nicole Michalik and Patty Jackson react after country music icon Dolly Parton dies at age 80.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
CBS Philadelphia executive producer Ashley Johnson was honored by Mother African Union Church on Sunday for our four-part series on the fire that destroyed the Wilmington church in May.
Andrew Kozak is tracking severe weather set to hit the Philadelphia region this week. Here's the weather forecast.
Dozens of people have been rescued after severe flash flooding in the Grand Canyon.
U.S. forces on Sunday struck two Iranian launchers on Larak Island, according to U.S. Central Command spokesman Commander Tim Hawkins. It's the first military action in a month against Tehran.
The Philadelphia Cycling Classic was back in the city for the first time in 10 years.