2, 2014, after little more than two years of operation, during which it never came close to turning a profit.īut Bruce Deifik, who bought the casino for $200 million in January, is confident his management team has fixed what was wrong with Revel, including what customers repeatedly said they didn't like about it. The property is the former Revel casino, the $2.4 billion pleasure palace at the north end of Atlantic City's Boardwalk.
(AP) - A Denver developer and New Jersey gambling regulators made a big bet Thursday on the future of Atlantic City and a casino that flopped four years ago, granting a casino license to the Ocean Resort Casino a week before it is due to reopen.
