ATLANTIC CITY, NJ—State regulators approved on Friday an earlier closing of hotel and casino operations at the Revel Casino Hotel here.
The approved plan now calls for the hotel to shut its doors on Sept. 1 and its casino operations on Sept. 2, according to Revel officials.
A bankruptcy court hearing is scheduled for today where Revel representatives will present the new closing dates for court approval, according to The Inquirer.
The company states, "Revel will close the hotel at 11:00 a.m. on Monday, 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 as planned, and all concerts and events scheduled for Sept. 2, or later, will be cancelled.”
Revel Entertainment Group LLC, issued a statement last Tuesday that the casino would close by Sept. 10, after it failed to attract a qualifying bid for an auction rescheduled later in the week. In court filings, Revel officials stated that the troubled casino hotel was still in negotiations with potential bidders for the property. See story in The Inquirer.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
