Revel Casino was supposed to be a game-changer for Atlantic City. The high-end mega-property with $2.4 billion price tag aimed to change the way Atlantic City did business by cultivating an elite clientele, offering top-of-the-line entertainment and amenities, and employing a business plan not unlike the boutique casinos of Las Vegas. Brookfield Wins Auction for Atlantic City's Revel Casino - WSJ Brookfield Property Partners has won the bankruptcy auction for the Revel Casino Hotel in Atlantic City, N.J., but a Florida developer who was outbid vows to continue the fight. Will Revel Casino Resort really Reopen | Canadian Slots Blog It wasn’t that long ago that the Revel Casino Hotel in Atlantic City was hosting its grand opening, attracting countless visitors from far and wide to the revolutionary glass-front property along the New Jersey shoreline. Now, following a devastating economic downfall that saw the property shutter its doors two years ago, the casino’s owner is promising – again – to reopen. A second bankruptcy for struggling Revel casino - philly.com The Revel Casino Hotel in Atlantic City, a $2.4 billion property that has operated at a loss since opening in 2012, filed for its second bankruptcy Thursday. The new filing came about 13 months ...
The Revel casino in Atlantic City, which cost $2.4 billion to build but was only open for a little more than two years, was sold for $200 million and will reopen this year as Ocean Resort Casino.
Revel will be extending the date that guests can redeem chips and vouchers. After closure, any person holding Revel Casino chips, and valid slot vouchers may present those items for redemption at the Revel General Cashier Office until September 30, 2014 Monday thru Friday, from 9:00am to 5:00pm. Former Revel casino may be opened again by Presidents Day ... ATLANTIC CITY -- Real estate developer Glenn Straub is aiming to have the old Revel casino open by Presidents Day weekend, the Press of Atlantic City reported. Straub will appear in front of the ... Atlantic City's Ocean Resort Casino getting new owner again Atlantic City's Ocean Resort Casino getting new owner again. Atlantic City’s Ocean Resort Casino, formerly known as Revel, is changing hands after just six months of operation. Glenn Straub says Revel won't be open for heart of summer ...
Atlantic City's new Ocean Resort will rise from the footprint of the former Revel casino. New owner Bruce Deifik is correcting what he considers numerous mistakes the property made when it ...
Atlantic City’s Revel Casino Reportedly Sold, Will Open in May In the investment world, Moody’s is regarded as one of the most-trusted sources of information, large or small. Understanding this, it should come as no surprise that a report from Moody’s indicated that the currently shuttered Revel Resort and Casino will reopen its doors in May 2018 under new ownership. The site is reportedly being sold to AC Ocean Walk LLC—a Colorado-based company ...
Revel, Again? - Articles - Wizard of Vegas
With or without a casino, Glenn Straub says the former Revel Casino, now named TEN, will open next month. (Image: Ben Fogletto/Press of Atlantic City) Former Revel Casino Property To Re-Open In ... - Play NJ The owner of the property formerly known as Revel, Glenn Straub, is not about to let a gambling license stand between him and his hotel re-opening next month.. Straub told Philly.com he intends to open the property under its new name, TEN, on Feb. 20.. There is one little hiccup, though. Straub currently does not hold a gaming license for the resort. ... Revel Casino Clears Another Hurdle Toward 2017 Reopening
Former Revel casino may be opened again by Presidents Day ...
Revel buyer plans to re-open Atlantic City casino - CBS News Revel buyer plans to re-open Atlantic City casino. It submitted a bid of $110 million in an auction that began Tuesday morning and lasted until early Wednesday. An opposing bidder, Florida developer Glenn Straub, was selected as the backup bidder in case the Brookfield bid did not close on the deal. Revel Overcomes Years Of Obstacles To Finally Open ...
Revel Casino in Atlantic City Could Reopen Under New Name ... The Revel Casino in Atlantic City, like a phoenix from the ashes, will reopen in June in the seaside resort town. New owner Glenn Straub made the pronouncement this week, and even lit up the skies ... Revel buyer plans to re-open Atlantic City casino - CBS News