Atlantic City’s Revel Casino Set to Close

Atlantic-city

ATLANTIC CITY, N.J. — It’s the most spectacular and costly failure in Atlantic City’s 36-year history of casino gambling: the $2.4-billion Revel Casino Hotel emptied its hotel Monday. The casino itself will shut early Tuesday morning.

Revel is shutting down a little over two years after it opened, aiming to revitalize Atlantic City’s struggling gambling market

But mired in its second bankruptcy in two years, Revel has been unable to find anyone willing to buy the property and keep it open as a casino. It has never turned a profit.

More about Gambling, Business, Us, Travel Leisure, and Atlantic City

via Mashable http://ift.tt/1nmGtDn

The Associated Press

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s