Bankrupt Revel Casino Gets Sold For Over $2 Billion Less Than What It Cost To Build

Atlantic City’s Revel Casino Hotel has been sold for $110 million at an auction, far less than what it cost to build the bankrupt establishment. Revel filed for bankruptcy a second time last June and officially closed on September 2. Despite costing $2.4 billion to build and boasting exquisite

Read more…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s