Revel Casino was one of the first casinos to open in Atlantic City, and it quickly became a popular destination for tourists and locals alike. However, the casino closed its doors in 2014, and its future has been up in the air ever since.
Now, it seems that Revel Casino may finally have a chance to reopen. A group of investors has purchased the property and is planning to invest $200 million into renovating and reopening the casino.
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PRO TIP:Revel Casino is now known as Ocean Resort Casino in Atlantic City, NJ. It was purchased in 2018 by AC Ocean Walk and reopened in June of that year. It offers a variety of gaming and entertainment options, including slot machines, table games, a casino bar and lounge, a pool area and more. With its prime location on the beachfront Boardwalk, the resort also offers fine dining restaurants, shopping outlets, and live entertainment.
This is great news for Atlantic City, which has seen its share of casinos close in recent years. The city is hoping that the reopening of Revel Casino will help to revitalize the local economy and bring back tourists.
It remains to be seen what will become of Revel Casino, but it is certainly exciting to see it finally getting a chance to reopen its doors.
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In early 2014, after two years of operation, Revel, Atlantic City’s $2.4 billion casino resort, filed for bankruptcy. This was the second time the property had filed for bankruptcy; the first was in 2009, when it was known as Revel Entertainment.
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In September 2014, after a lengthy bankruptcy process, Revel was sold to Glenn Straub for $82 million.
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