Reginal Thomas
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The Revel Casino Sold For $90 Million

The Revel Casino of Atlantic City, which closed its doors last week after filing for bankruptcy, has agreed to sell itself to a Florida developer for $90 million in cash. Polo North Country Club Inc. deposited $10 million into escrow for the Hotel. The Revel hotel cost $2.4 billion to build when its opened its doors in 2012.