Rants and raves about burning topics that have caught my attention midweek, be it greedy corporate shenanigans, frustration or joy in regards to the Philly sports teams, a movie, show or DVD that has fired up my imagination, an intriguing personality, or what’s happening in the region. — Lori Hoffman, Associate Editor, Atlantic City Weekly.
It was announced today (Wednesday, Oct. 1) that Revel has been bought by Brookfield US Holdings LLC as the successful bidder for substantially all of the Company’s assets. The Brookfield bid is $110 million. We’ve also learned that the company plans to reopen the property as a casino according to a report from the Associated Press: “Toronto-based Brookfield US Holdings LLC plans to operate the Boardwalk property as a casino hotel, adding it to casinos it owns in Las Vegas and the Bahamas.”
“Revel is a brand-new trophy asset on the beachfront, which we are acquiring at a substantial discount to replacement cost,” said Andrew Willis, a spokesman for Brookfield Asset Management, the parent company of the firm that won the auction. “We are excited about owning the newest and highest quality asset in Atlantic City at such an attractive basis.”
Let’s hope that the new owners have a better grasp of the local casino market.
Although it is pretty cool that Stockton College is the home for the Philadelphia 76ers training camp which began yesterday (Sept. 30), it’s a shame that they are not offering local fans a chance to see the team in action. Obviously, they need this time to conduct the business of training camp, but why not toss us a crumb, like a chance to see a scrimmage sometime this week. After all, we are the ones that are willing to pay to see a bad team that will hopefully getting better each year as more draft picks are selected and developed.
October begins the Halloween season and there are plenty of scary Halloween happenings beginning this weekend, including a personal favorite, Terror at the Junkyard in Scullville. I’ve compiled a list of Halloween events you can access here.
October is also Breast Cancer Awareness Month and as a uterine cancer survivor I certainly feel a kinship with breast cancer survivors and their families getting out the word on the need for mammograms. Locally Tropicana is joining the fight by participating in the 13th Annual Lights for the Cure event, lighting its skyline pink in observation of Breast Cancer Awareness month. Through October 31, Trop will light the cupola at the top of its Havana Tower. In addition, it will also light its interior fountains pink. The Lights for the Cure campaign, coordinated by Susan G. Komen for the Cure and CBS 3’s “Women of Eye Witness News,” serves a salute to the thousands of brave breast cancer survivors in the region. It is also a reminder to remain vigilant in the fight.