Atlantic City - This town's run of bad luck continued yesterday with word that the opening of the USD 2.5 billion Revel casino would be delayed for as long as a year. Revel's decision means all four megacasino resorts planned here are either delayed or shelved indefinitely because of the national credit crisis. It adds to the misery that hangs like a fog here because of a collapse in business that has six of the city's 11 casinos in or near bankruptcy.

Atlantic City, New Jersey - With tight credit markets threatening or slowing casino projects here and around the country, the developers of the USD 2 billion Revel casino-hotel are turning to the city for help. The City Council is scheduled to introduce an ordinance Wednesday night that would allow it to issue USD 56 million worth of bonds to provide money for Revel to redesign and widen access roads to the project.