Revel to Close at the End of September
Well-placed sources are giving us some pretty bad news involving the potential purchase of Revel Casino.
The news? Nobody is qualifying to buy. With no qualified buyers, it means Revel will be forced to close it's doors.
According to 6ABC, 'The company said it will close its doors on Sept. 10. The move comes two years after the $2.4 billion casino opened. It has never turned a profit.
The closure will mean the loss of more than 3,100 jobs.'
This is now the second of four casinos Atlantic City casinos to shut down this year.