Poker News NEWS

Revel Atlantic City To Shut Down Poker Room

Published by on July 30, 2013

The financially strapped Revel Casino in Atlantic City is ready to close its poker room.

John Brennan of the Bergen Record tweeted Monday:

Sources: Revel AC poker room will close in 2 weeks. Canceling all tournaments. Bad beat jackpots to be paid.

The Revel Casino is expected to shut its poker room down on August 15 though the closure could actually happen sooner.

The Revel is Atlantic City’s newest casino but has had difficulties competing with other properties, especially where its poker room is concerned. The property has had to compete with the more popular Borgata poker room.

The news also comes at a time when Atlantic City casinos are prepared to begin offering poker for real money online.

As part of their bankruptcy filing this year, Revel announced that the casino’s value had dropped from $2.4 billion to $450 million.

Here’s an official statement from Revel:

“After careful consideration and in an effort to further improve the overall operating performance of Revel Casino Hotel, management has made the decision to close our poker room operations effective August, 2013.” “

Offering poker as an amenity on the property will be considered in the future as a component of an overall strategy related to our online opportunities. We have a very talented team of professionals who work in poker operations and we are actively working to place as many as we can in other areas.”

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