NO BUYER FOR REVEL, CASINO TO CLOSE IN SEPTEMBER

Revel_Casino_in_Atlantic_CityAnother crushing blow to the Atlantic City casino market.  The largest casino in Atlantic City gaming history will close next month.  Revel Casino announced that there are no qualified buyers for the gaming hall so the casino is scheduled to close for good on September 10th.  Word came this week that there were no qualified buyers for a bankruptcy auction so today Revel threw in the towel on the $2.4 billion casino that never once turned a profit.

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