ATLANTIC CITY, NJ—State regulators approved on Friday an earlierclosing of hotel and casino operations at the Revel CasinoHotel here.


The approved plan now calls for the hotel to shut its doors onSept. 1 and its casino operations on Sept. 2, according to Revelofficials.


A bankruptcy court hearing is scheduled for today where Revelrepresentatives will present the new closing dates for courtapproval, according to The Inquirer.


The company states, "Revel will close the hotel at 11:00 a.m. onMonday, Sept. 1 and the casino at 5:00 a.m. on Tuesday, Sept. 2.All concerts and events scheduled prior to Sept. 2, will go on asplanned, and all concerts and events scheduled for Sept. 2, orlater, will be cancelled.”


Revel Entertainment Group LLC, issued astatement last Tuesday that the casino would close by Sept. 10,after it failed to attract a qualifying bid for an auctionrescheduled later in the week. In court filings, Revel officialsstated that the troubled casino hotel was still in negotiationswith potential bidders for the property. See story inThe Inquirer.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.