Revel Casino was once one of the better casinos in Atlantic City, but this land based casino is now closed. Here, players can read all about the history of the casino and how it became one of the top casinos in New Jersey. The site also covers the benefits of playing online casino games as opposed to visiting land casinos. With online gambling, players will find many of the same games they enjoyed at Revel Casino. There is also a section that provides information on the leading casinos in Atlantic City.
The Revel was a popular casino located on the Boardwalk in Atlantic City. The casino opened its doors in April of 2012 and then became the third casino to close in 2014 after claiming bankruptcy. The casino made a deal to see to a developer in Florida for $90 million. Unfortunately, those plans fell through and Revel was instead sold at an auction for $110 million. That deal also feel through when Brookfield Management backed out in November of 2014.
The Revel hotel was one that attracted much attention as it was the tallest in all of Atlantic City, with 47 stories. The original plans for the new hotel and casino were to offer 3,800 hotel rooms and it was the first brand new casino to open in New Jersey since the Borgata in 2003. In 2009, the casino was forced to lay off 400 workers, slowing the construction process. As financing was sought, the casino owners redesigned their plans and in 2011, the second hotel tower was eliminated from the project, reducing the number of rooms to just over 1,000. In 2012, the casino got its gaming license from the state and started a trial period for guests that lasted for two days. In April of 2012, the casino opened to the public. Unfortunately, it did not gain the patronage like other casinos and ranked at the bottom of the list for its $13 million in winnings rank.
Gambling at the Revel was always a thrill and the casino was 130,000 square feet. With more than 2500 slot games and over 120 table and card games, the casino was one of the largest in the city. There were also separate areas for certain games, such as the Poker Room, which ended up closing in 2013. There was also a separate casino area just for Table Games and here, players enjoyed the action of blackjack, roulette, Let it Ride, Three Card Poker, Four Card Poker, Craps, Mini-Baccarat, Big Six, Spanish 21 and Pai Gow Poker.
By 2013, Revel announced it would file for bankruptcy to get rid of the $1 billion of debt that was accrued. The bankruptcy was settled in court in May of 2013 and lenders gained 82% stake in the hotel/casino property. The property eventually went up for auction and the hotel officially closed on September 1, 2014 and the casino closed a day later. Eventually, the property was sold for $82 million.
Atlantic City used to be home to 11 of the world’s most popular casinos. Unfortunately, four of these have closed, leaving just 8 hotel/casinos operating in the city. Bally’s Casino opened back in 1979 and remains one of the more popular casinos. There are over 2,300 slot games and almost 140 table games at this casino. The Borgata remains open after its grand opening in 2003. This casino is one of the largest in Atlantic City, offering over 3,000 slot machines and 260 table and card games.
Like Bally’s, Caesars Atlantic City also opened in 1979 and remains open. This casino is home to 2,220 slot machines and almost 180 table and card games. The Golden Nugget is another operating casino that has been open since 1985, when it was first called Trump’s Castle. This casino offers 1,400 slots and just 74 table games. Harrah’s is another casino that has remained open since it opened its doors to the public in 1980. This casino is home to more than 2,300 slots and 170 table games.
The Resorts Atlantic City is a great hotel/casino that has been open since 1979. Here, patrons can enjoy over 1,600 slots and 74 table games, making this one of the smallest casinos. The Tropicana Casino and Resort is also open and has been operating since 1981. Here, players can enjoy a selection of 2,500 slots and 130 table games. The final casino that remains open in Atlantic City is The Taj Mahal. This casino offers 2,500 slots and 170 table games and is one of the more popular casinos on the boardwalk.
These land based casinos are the last remaining in Atlantic City and it is believed that many more will be closing their doors. With online gambling being offered and the fact that fewer people are gambling, the casinos are suffering and may have no choice but to close. The closing of the four casinos has already had a severe impact on the economy, putting more than 8,000 people out of work, increasing the state’s unemployment rate to 13%.
With the growing popularity of online casinos, many players have made the switch and now prefer to gamble at home instead of travelling to a land based casino. There are many great options offered for players from all over the world and there are multiple benefits to this form of gambling. Just a few years ago, online gambling became legal in the United States and is offered in a few of the individual stats. However, the states that do legally offer online gambling can only accept players who physically live in the state. This means that New Jersey players can access some of the top online casinos like Harrah’s and Bally’s, but players from other states cannot access these sites legally.
Online gambling can prove to be a fun and rewarding experience. There are many great benefits. The first is the convenience. Players can access hundreds of casino games right from home and have the ability to play for real money payouts. The casino sites are open 24 hours a day, so there are always great games available to any player. Another great advantage is the number of games that can be found at an online casino. Since these sites do not have physical space limitations, they are able to offer may more games than one would find at a land casino. There are hundreds of slot games and many variations of popular table and card games.
Online casinos also offer more to their players in terms of incentives. Each casino site will offer a welcome bonus when a new player registers an account and makes an initial deposit. After that, players can benefit from ongoing bonuses, loyalty rewards, special promotions, event invitations and even tournaments. These rewards can add free cash to the casino accent and can even offer free spins on some of the hottest slot games in the industry. Online casinos often give more back to players and one of the great benefits is the payout rates. With an online casino, there is less overhead, so the casino can afford to give more back to players through higher payouts on the games that are supported.
Player safety is another benefit. Operating online casinos are licensed and regulated, meaning they must adhere to strict guidelines and follow gambling laws. These sites will also have great layers of protection, such as SSL encryption software for processing payments. In land casinos, players have to walk around with cash in their pockets, which is a risk alone. At online casinos, all payments and wagers are done electronically, providing a safe and simple way to enjoy gambling from home.
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