Revel, Atlantic City’s Newest and Largest Casino, Is Closing

Atlantic City’s Revel Casino Hotel has announced that it is closing its poker room next month. Poker rooms have never been the money makers that the rest of the casino games are and it appears Revel Casino Losing $1 Million a Week While Closing. Posted on: August 22, 2014, 06:32h. Last updated on: August 21, 2014, 12:46h. Revel Casino Hotel closing: A spectacular $2.4 billion flop Two years after opening, the Revel Casino Hotel will close Tuesday. The Revel will be the second of three Atlantic City casinos to close Revel Casino Hotel, which announced plans Tuesday to close by Sept. 10 after it was unable to find a viable buyer in bankruptcy court, will become the fourth Atlantic City, N.J., casino to shutter Revel Casino Hotel, the newest and largest casino in town, will shut down in September, putting more than 3,000 employees out of work, the owner announced on Tuesday after failing to find a buyer Revel Casino Hotel, the $2.4 billion resort that opened just over two years ago as a hoped-for savior for Atlantic City's sinking revenues, is closing a week earlier than planned. Revel Casino Hotel opened with a bang a little more than two years ago amid high hopes of turning around Atlantic City's struggling casino market. But the $2.4 billion resort went out with a Revel employee Chris Bakley, of Galloway Twp., looks over damaged signage, Monday Sept. 1, 2014, at Revel in Atlantic City. The hotel-casino will close on Tuesday. There appears to be life after closing for the Revel Casino Hotel in Atlantic City. With an offer of $110 million, a real estate company won the bidding this week for the bankrupt casino, which An ambitious $2.4 billion venture in a troubled town, Revel is the second-tallest casino tower in the country and boasted 150,00 square-feet of gaming space and almost 2000 hotel rooms.

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