Shuttered $2.4B Atlantic City Casino Readies for 2nd Chance

For months, there was little, if any, sign that Atlantic City’s former Revel casino, a $2 billion bust, was getting ready to reopen. Colorado developer Bruce Deifik bought it in January and made plans for its reincarnation as the Ocean Resort Casino. But there was scant activity visible on the site.

That has changed. Now, days from its opening date of June 28, the place is a blur of activity: Cocktail servers and bartenders are practicing their serving technique, housekeeping staff are already working on hotel rooms and seemingly everywhere you look someone is using a drill or a saw on something.