http://finance.yahoo.com/news/ny-cou...145701976.html
Looks like it's going to court.
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http://finance.yahoo.com/news/ny-cou...145701976.html
Looks like it's going to court.
That article looks like something different. The article makes it look more like they didn't read the small print (losses rebated 5% per week over 20 weeks). The OP was claiming the revel revoked the promotion.Quote:
Originally Posted by shortbuspoker
Not sure they will get very far TBH.
They revoked the promotion to certain "advantage" players (by revoking/disabling their Revel card, which was required to participate in the promotion). For the rest of the gambling public, they kept on promoting this "Can't Lose" nonsense throughout most of the summer.
From the Revel 2nd bankruptcy thread;
"The casino is owned by investors who gained control of it during bankruptcy last year, swapping debt for equity in the property. The transaction wiped out 82 percent of Revel's $1.5 billion in debt.
But even with that breathing room, Revel continued to struggle. It acknowledged mistakes in marketing and operations, launching a massive campaign to try to win back patrons. But that backfired when a "You Can't Lose" promotion offering to refund slot losses angered many customers who thought their losses would be refunded in cash. Instead, they were gradually credited to a Revel account, with restrictions on when the credits could be used."
http://abcnews.go.com/US/wireStory/a...buyer-24218171