Contact Us

Revel Could Close by the End of the Summer

Revel
Photo Courtesy of NBC 40

More bankruptcy news could lead to a hard blow for Atlantic City.

 

 

Revel Casino warned it’s employees yesterday that the resort could close by the end of the summer if a buyer cannot be found .  According to NBC 10, ‘ Revel said it is seeking a buyer for the struggling $2.4 billion casino, but can’t guarantee one will be found. If not, employees could be terminated as soon as Aug. 18

 

Shortly after the disturbing news,  Revel filed a Chapter 11 petition with the federal bankruptcy court, its second in as many years.  Any potential buyers? One franchise we hear quite often is Hard Rock.  Apparently they have indicated an interest “if the price is right.”  We will just have to wait and see, but time is certainly not on Revel’s side anymore.

 

NBC40.net

More from SoJO 104.9

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://sojo1049.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on SoJO 104.9 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on SoJO 104.9 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!