ATLANTIC CITY, NJ—This gaming resort oceanfront city that hasbeen battered by natural and economic storms got a little bit ofheartening news yesterday when Atlantic City Mayor DonGuardian revealed there are six interested buyers for thetroubled Revel Casino Hotel.
At the Wednesday press conference, Mayor Guardian also notedthat his administration has held discussions with the currentowners of the former Atlantic Club about sellingthe property to a new buyer, according to the Associated Press. TheAtlantic Club shut its doors in January.
"No, I'm not happy that three casinos are closing," Guardiansaid. "But I know that behind closed doors there are a half-dozencompanies looking at the opportunity to purchase Revel." The Revelis scheduled to go to bankruptcy auction next month.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
