Subsidy Tracker Parent Company Summary
Parent Company Name:
Revel AC
Ownership Structure:
privately held
Headquartered in:
New Jersey
Major Industry:
entertainment
Specific Industry:
casinos
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $323,000,000 | 2 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $323,000,000 | 2 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 2011. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards:
FY2000 to the present
Notes:
The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
REVEL
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| New Jersey | $323,000,000 | 2 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Revel Entertainment Group | New Jersey | state | 2011 | $323,000,000 |
MEGADEAL  |
|
| Revel Atlantic City, Revel Entertainment Group LLC, and related entities | New Jersey | state | 2011 | $261,364,000 | tax credit/rebate |
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