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Revel Casino gone bust

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Its a joke Matt,, they get out of paying 82% of that number and are allowed to continue on and stay open.. They have some new suits in there now trying to turn things around but I have a feeling a year from now the debt is only going to get out of control again.. They should just shut it down now.. And oh by the way they are charging $400. a night for a room there.

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They have a big nut to cover. That Destination Resort plan didn't work out, and they didn't attract the gamblers. New CEO just came on board & he will try to attract the gamblers. I see the difference already, today got an invite to a gambling function there. In A.C. we are routing for them to succeed.

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Spent my bachelor party there, shame to see it did not do well. Nice place, high class, great views all over (the ocean and the women). It was trying for a hip Las Vegas feel in NJ. Makes the other dumps look dated and trashy. The steakhouse American Cut was unbelieveable.

But let's face it, people that go to AC aren't generally high class. They would rather eat buffet, smoke cigs, and drag around their O2 tank behind them playing the slots. Revel caters to a high class customer, in a bottom of the barrel town. Losing business plan.

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Spent my bachelor party there, shame to see it did not do well. Nice place, high class, great views all over (the ocean and the women). It was trying for a hip Las Vegas feel in NJ. Makes the other dumps look dated and trashy. The steakhouse American Cut was unbelieveable.

But let's face it, people that go to AC aren't generally high class. They would rather eat buffet, smoke cigs, and drag around their O2 tank behind them playing the slots. Revel caters to a high class customer, in a bottom of the barrel town. Losing business plan.

 

Looks like you won't be invited to be on the DoAC committee. Can you imagine what A.C. would be like without the casinos.

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In addition to filing Chapt 11, Revel is now offering smoking section gambling, more slots, and cheaper food and fast food restaurants.

Someone finally realized they were operating in New Jersey. If you build it (******), they will come.

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Looks like you won't be invited to be on the DoAC committee. Can you imagine what A.C. would be like without the casinos.

 

AC needs Nucky Thompson to come in and lay down the law. ;)

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Or be a Jimmy Buffett fan like Christie

 

ATLANTIC CITY — Parrotheads, rejoice. Now you can be “wastin’ away again” in Atlantic City.

 

A “Margaritaville” complex, inspired by singer Jimmy Buffett’s hit song that celebrates the island culture, will be coming to the Resorts Casino Hotel in Atlantic City as early as next spring, officials said Tuesday in an beach-themed press conference on the Boardwalk.

 

“Simply put, it’s a pleasure and an honor to be here. I feel kind of like Nucky Thompson in a way,” said Buffett, referencing the Atlantic City political boss in the show “Boardwalk Empire.”

 

Buffett, who wore a green polo-style shirt and casual tan shorts with tattered hems, drew laughs and cheers from a crowd that had flocked to catch a glimpse of the singer.

 

Joining Buffett were Gov. Chris Christie, who wore a pink-colored lei that matched his tie, Senate President Stephen Sweeney and Jon Hanson, who heads a committee that advises the state’s gaming industry.

 

“Today’s just another sign of the real progress and commitment that’s being made here to Atlantic City,” said Christie.

 

During the press conference, workers atop a billboard ripped away the temporary covering to reveal the Margaritaville brand’s parrot logo.

 

The project, estimated to cost at least $35 million, will include a year-round beach bar, 5 O’Clock Somewhere Bar, Landshark Bar and Grill, retail stores and a coffee shop, officials said. Part of the Margaritaville complex will be built within the existing Resorts casino, as part of an effort to rebrand the casino’s facade with the Margaritaville theme.

 

Other parts of the complex will be constructed on the beach and the site of the old Steeplechase Pier. Resorts officials say they’re still working out details on how gaming will work within Margaritaville.

 

“It certainly does not go without being noticed by me and a lot of people who work for me that the Jersey Shore has the largest flock of parrotheads,” Buffett said. “So in helping bring back a great beach town, we’re also giving a flock of migrant birds a nest to come to.”

 

The first Margaritaville opened in Key West, Fla., and the brand has since extended to many other locations including Orlando, Nashville, Las Vegas and New Orleans.

 

Earlier in the day, the Casino Reinvestment Development Authority discussed the preliminary determination of project eligibility, said John Palmieri, the head of the authority.

 

In August, funding and final approvals will be voted on, said Palmieri. He estimated that about $17 million in public funding will be used to finance the project, but not all of that will come from CRDA.

 

““Listen, this is just not just some guy’s bar. This is Margaritaville,” Palmieri said. “It’s a dominant brand. It’s a good step. It creates momentum for us.”

 

Palmieri, who joked that he wasn’t a “Parrothead” but loved margaritas, took a moment Tuesday to point out to the beach and envision what “Margaritaville” will bring to the boardwalk.

 

“Look at this setting,” he said. “On a day like this, you can only imagine what it’s going to be like.”

 

This isn’t the first time Jimmy Buffett has been mentioned as possibly coming to Atlantic City. Several years ago, his name was tossed around as possibly having interest in the old Trump Marina property, but a deal was never worked out.

 

“It’s been talked about him coming to Atlantic City forever,” said Aaron Gomes, the executive vice president of operations at Resort.

 

Gomes said it was his father and former Resorts executive, Dennis Gomes, who first proposed the idea of Buffett partnering with Resorts. Dennis Gomes died earlier this year.

 

The deal came through with the help of a family friend who is very close to Buffett, Aaron Gomes said.

 

Resorts hopes to break ground on the project after Labor Day weekend. The details of the project, including how the gaming will work inside the Margaritaville part of the casino, are still being worked out with the terms of the contract, Gomes said.

 

“You’re going to know you’re in a Margaritaville casino, but we’re operating the entire casino, so there’s no change there,” he said.

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There no longer is a Casino Commission on premises within each casino.. there is no Casino Commission..Christie let them go.,, now you go to Nucky. if you have a gaming dispute.

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The Revel is a very nice place. I went the week it opened and it was amazing. Not old enough to gamble but I heard it was mostly penny slots. Its been in the paper for sometime they haven't been doing good, before sandy too. Good friend of my parents did electric work for revel and hasnt been paid yet.



 



AC is really trying to change, creating all these events and plans to bring these new stores and attractions in(my favorite the bass pro shops) but they still have a long way to go(get rid of the scum)

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I got some really nice views from he tower while I was working there a couple yrs ago

 

 

Ocean views from the Revel are spectacular. Can't match that in Vegas Baby.

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