He and many other investors passed at the chance to buy Revel.Īfter several tumultuous years for the property, Revel was sold to AC Ocean Walk for $200 million and renamed Ocean Resort Casino in January 2018. Blatstein owns the neighboring Showboat and the Playground. Revel was built with the casino on the sixth floor and the hotel lobby on the 11th floor. How can you have a casino on the Boardwalk and not be able to enter it from there?' 'Revel is the worst-designed building I've ever seen,' Philadelphia and Atlantic City developer Bart Blatstein said. Amazon plans to open two 4-star brick-and-mortar stores in New Jersey in 2020.Philadelphia International Airport sets new annual passenger record.Hard Rock CEO says Atlantic City's leadership ‘is going in the wrong direction’.
The fourth tallest structure in New Jersey had shuttered after only 17-months, leaving the future of the quirky casino, which cost a staggering $2.4 billion to build, in question: Could the curiously constructed casino ever work? Revel seemed like the white elephant of Atlantic City casinos when it closed in September 2014.
