Atlantic City's Revel Casino To Close In September

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Atlantic City's Revel Casino To Close In September

by Wochit 0:39 mins

Atlantic City's Revel Casino To Close In September

by Wochit 0:39 mins

Atlantic City's Revel Casino Hotel officials said Tuesday that the business will shut down next month after failing to find a buyer in bankruptcy court. 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. The casino was due to be sold at a bankruptcy court auction last week, but that was postponed until Thursday to allow casino officials to study bids that were received.

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