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Atlantic City’s Revel Has Six Potential Buyers

Atlantic City’s Revel Has Six Potential Buyers

There are six potential buyers for the Revel Casino Hotel, Atlantic City’s mayor said Wednesday. The 1,399-room hotel is up for sale next month at a bankruptcy auction. The property, which cost $2.4 billion to build, opened in April 2012 ...

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Is There Good News for Hotels in Atlantic City?

Is There Good News for Hotels in Atlantic City?

Despite all the headlines about a number of casino hotels closing and the rapid downward spiral in gaming revenues in the last few years, analysts and representatives of Atlantic City’s hotel and tourism industry do see positive signs. For instance, ...

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Caesars to Close Showboat Atlantic City

Caesars to Close Showboat Atlantic City

Caesars Entertainment Corp. said Friday that it plans to close the Showboat casino-hotel in Atlantic City later this summer. It will be the second Atlantic City casino to close this year, joining the Atlantic Club, which shut down in January. ...

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Borgata Still Tops Atlantic City Casino Hotels

Borgata Still Tops Atlantic City Casino Hotels

After a decade of being in business, the Borgata Hotel Casino and Spa in Atlantic City, N.J., still takes the top spot when it comes to the gambling destination’s 12 casino hotels. According to this report from Bloomberg Businessweek, the ...

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