![]() "We are not promoting this as a casino," Revel spokeswoman Lisa Johnson reportedly said. In April 2011, Revel gave a press tour of its big project. It led to all sorts of bad conclusions about this place." (However, the tax credit was tied to future revenues-which in the end never materialized.) "When the project stopped, it was a real downer. "It's extremely important psychologically for the city," Christie said at the time. Chris Christie’s pledge to invest in Atlantic City’s tourism industry. ![]() The state of New Jersey also promised to help via a $261 million tax credit to the Revel, thanks to Gov. He managed to raise $1.15 billion in three loans from 15 to 20 hedge funds. With New Jersey Governor Chris Christie's support, in January 2011 he went to Wall Street in search of his needed $1.4 billion. Still, DeSanctis made the rounds to bring his stalled project back to life.
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