Union Turning Up Heat on Revel as Sale Looms
The effort is an attempt to save as many jobs as possible if the struggling casino is sold or goes bankrupt again.
Last week, Local 54 of the Unite-HERE union marched down the Boardwalk and into the casino, demanding the right to unionize and have job security if it's sold.
On Wednesday, Revel workers asked the State Investment Council to pressure Revel's largest owner to protect workers' jobs in the event of an ownership change.
The council has hired Chatham Asset Management to invest $300 million in state pension funds into various companies. The union wants the council to use that leverage to pressure Revel to guard its employees' jobs.
(Copyright 2014 by The Associated Press. All Rights Reserved.)