$2.4B Revel casino announces it will close more than a week earlier than initially planned
The $2.4 billion Revel Casino Hotel that opened just over two years ago as a hoped-for savior for Atlantic City's flagging casino industry is closing a week earlier than originally planned and put about about 3,100 people out of work.
The company previously planned to close the casino resort Sept. 10, but announced in an email Friday that the hotel will close at 11 a.m. Sept. 1 and the casino at 5 a.m. Sept. 2. The company said all concerts and events scheduled before Sept. 2 will take place as planned, but those scheduled after that date will be canceled.
As a gambling spot, Atlantic City has slipped to third place behind Nevada and Pennsylvania.
The Atlantic Club closed this year and two other casinos also are due to close