ATLANTIC CITY, NJ—The ownership of the Revel Casino Hotel here says that it will close the property pending regulatory approval by no later than Sept. 10.

The casino had hoped to find a buyer in bankruptcy and noted that efforts to “put the property on a stable financial footing” were unsuccessful, according to a company statement. Approximately 3,100 workers will lose their jobs if the facility shuts down, according to the Press of Atlantic City.

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