Revel Casino Files For Bankruptcy Again
Revel, Atlantic City's 2.4 Billion dollar casino has officially filed bankruptcy once again. This is sad and disappointing news. I recently stayed at Revel for the first time and was so impressed with my room which had a breathtaking view of the ocean. Just walking around the casino is such an experience. I also feel for the people who work there. Revel employees received a letter warning staff that the casino will shut down by August 18th if a buyer can't be found.
According to NBC 40, Revel has been operating at a loss. The casino reported a loss of $21.7 million in the first quarter of 2014.