Revel Entertainment Group has delayed the opening of its $2.5 billion casino for a year, the Philadelphia Inquirer reported last week.
Kevin DeSanctis, the company’s chief executive, told the paper that interior work on the casino has stopped due to financing issues.
According to a news announcement the company released in January, Revel Entertainment said it plans to “carry the project through the next 12-15 months, well into 2010, subject of course to market and financing conditions.”
Additionally, it states that construction crew members will be temporarily laid off.