Revel Announces It Will Close After Labor Day Weekend

ATLANTIC CITY, N.J., (CBS/AP) — Revel Casino Hotel, the $2.4 billion resort that opened just over two years ago as a hoped-for savior for Atlantic City’s sinking revenues, is closing a week earlier than planned.

In a statement released Friday, the casino said it will close its hotel doors at 11 a.m. on Sept. 1 and its casino at 5 a.m. on Sept. 2. Earlier Revel had said it would close on Sept. 10.

Parent company Revel AC thanked its employees for their “professionalism, dedication and hard work” in the statement.

About 3,100 people will lose their jobs because of the closing.

All concerts and events scheduled for Sept. 2 or later will be cancelled.

(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.)

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