The Economic Impact of Casino Closings

Final Closure Order Issued for AC Casino

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    NEWSLETTERS

    Philadelphia Business Journal
    The Revel Casino & Hotel.

    Hours before hundreds of workers were to hold a prayer rally as three casinos are set to close, New Jersey officials issued a final closure order for another one.
     
    The state Gaming Enforcement Division gave final approval to Revel's shutdown on Sept. 1 and 2, signing the order on Tuesday night and releasing it on Wednesday.

      Employees of Revel, the Showboat and Trump Plaza will attend a prayer service at a church near the casinos on Wednesday.
     
    Showboat and Revel are due to close over Labor Day weekend, with Trump Plaza shutting down on Sept. 16.
     
    The shutdowns are part of a rapid unraveling of Atlantic City's gambling market, which began the year with 12 casinos, but will have eight before summer ends.
     
    The Atlantic Club closed in January.