Revel Casino Hotel: A Comprehensive Guide to Atlantic City's Former Crown Jewel

Once the pinnacle of luxury and extravagance in Atlantic City, the Revel Casino Hotel stands today as a testament to the city's tumultuous gaming history. Boasting a captivating architectural design and unparalleled amenities, Revel's rise and fall encapsulates the ever-changing landscape of the gaming industry.

A Symbol of Architectural Grandeur

Designed by Venturi, Scott Brown and Associates, Revel's iconic exterior resembled a shimmering stack of glass boxes, creating a captivating play of light and angles. The $2.4 billion project featured:

• 1,399 guest rooms and suites
• 10 restaurants
• A 55,000-square-foot casino
• A 320-foot high observation tower
• A 40,000-square-foot spa and fitness center
• 150,000 square feet of retail space

A Tumultuous History

Despite its architectural brilliance, Revel's financial struggles began shortly after its 2012 opening. Plagued by high operating costs and intense competition, the casino filed for bankruptcy just two years later. It was sold in 2015 for $200 million to Glenn Straub, a Florida developer, who renamed it TEN Casino. However, after numerous legal battles and stalled renovations, TEN Casino closed its doors in 2021.

A Legacy of Ups and Downs

Despite its brief lifespan, Revel left an indelible mark on Atlantic City:

Ups:

• Architectural Icon: Its distinctive design made it a recognizable landmark.
• Luxury Resort Destination: It set a new standard for luxury accommodations and amenities.
• Entertainment Hotspot: Revel hosted a wide range of entertainment options, including concerts, nightclubs, and special events.

Downs:

• Financial Strain: High costs and competition led to bankruptcy.
• Political Controversy: Straub's ownership was plagued by legal issues and stalled development plans.
• Abandoned Property: The closure of TEN Casino left Revel as a vacant and decaying property.

Impact on Atlantic City

Revel's opening in 2012 brought a glimmer of hope to Atlantic City following a period of decline. However, its subsequent bankruptcy and closure highlighted the challenges facing the city's gaming industry:

• Oversaturation: A crowded market with numerous casinos made it difficult for Revel to stand out.
• Competition: Casinos in neighboring states and online gaming options eroded Atlantic City's revenue.
• Economic Dependence: The city's reliance on gaming left it vulnerable to industry fluctuations.

Future Prospects

The fate of the Revel property remains uncertain. It has been the subject of several redevelopment proposals, including a plan to transform it into a residential and entertainment complex. However, no concrete plans have materialized as of yet.

Table 1: Revel Casino Hotel by the Numbers

Table 2: Revel Casino Hotel Timeline

Three Stories and What We Learn

1. The Rise and Fall of a Gaming Giant

Revel's story highlights the volatility of the gaming industry. Even the most opulent and ambitious projects can struggle to survive in a fiercely competitive market.

2. The Importance of Financial Stability

High operating costs and intense competition proved to be insurmountable challenges for Revel. Casinos must carefully manage their expenses and diversify their revenue streams to ensure long-term success.

3. The Value of Architectural Distinction

Despite its financial struggles, Revel remains an iconic landmark due to its unique and eye-catching design. Architectural excellence can create a lasting positive impression, even in the face of adversity.

Tips and Tricks

• Plan Ahead: Book your stay and tickets for events in advance, especially during peak season.
• Explore the Architecture: Take the time to admire Revel's distinctive exterior and interior design.
• Indulge in Entertainment: Revel offers a wide range of entertainment options, including live music, comedy shows, and nightclubs.
• Dine in Style: Choose from Revel's ten renowned restaurants, offering a variety of culinary experiences.
• Relax and Rejuvenate: Visit the spa and fitness center for a relaxing and invigorating experience.

Why It Matters

Revel Casino Hotel's story is a reminder of the cyclical nature of the gaming industry and the challenges facing Atlantic City. It also highlights the importance of architectural excellence, financial stability, and adapting to a changing market.

Benefits

• Architectural Landmark: Admire the unique and captivating design of Revel's exterior and interior.
• Luxury Accommodations: Experience the highest level of comfort and elegance in Revel's guest rooms and suites.
• Entertainment Destination: Enjoy a wide range of entertainment options, including live performances and nightclubs.
• Culinary Delights: Savor the flavors of diverse cuisines at Revel's renowned restaurants.
• Relaxation and Rejuvenation: Unwind in the spa and fitness center, offering a variety of treatments and amenities.

Pros and Cons

Pros:

• Iconic architectural design
• Luxurious accommodations
• Extensive entertainment options
• Award-winning restaurants
• Modern spa and fitness center

Cons:

• Closed and vacant as of 2021
• High operating costs
• Intense market competition