Competition for slot machine dollars in Delaware and elsewhere in the region is intensifying.
The Revel in Atlantic City has been struggling to attract gamblers, who have not been flocking to the $2 billion property.
As it emerges from Chapter 11 bankruptcy proceedings, the casino hopes to attract more slots players with a July promotion that will pay for slot losses beginning at $100.
The losses will go back on the player’s card at a rate of 5 percent a month for 20 weeks in the form of free slot play. Losses are covered up to $100,000.
The Revel will also match offers from other casinos.
The $2 billion Revel has struggled to attract slots players after undertaking an upscale strategy that included no bus terminal or buffet.
Delaware casinos have also taken a hit from competition from Pennsylvania and Delaware. The Delaware General Assembly approved an $8 million assistance plan to aid casinos that say layoffs are possible if tax relief is not forthcoming.
Delaware raised taxes on casinos as part of a past effort to deal with budget problems.
