Atlantic City's struggling Revel Casino to close by next month

Tue Aug 12, 2014 10:00am EDT

Aug 12 (Reuters) - The bankrupt Revel Casino Hotel in Atlantic City, New Jersey, is set to close by September after failing to find a buyer, the casino said in a statement on Tuesday.

Revel filed for bankruptcy in June and received court approval to borrow $23.9 million in an effort to keep its 1,400-room resort operating for another month while it searched for a new owner.

(Reporting by Daniel Kelley; Editing by Barbara Goldberg)

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