Atlantic City’s Last Great Hope? in Vegas Seven

I’ve got something besides today’s Green Felt Journal in today’s Vegas Seven: a look at Revel, Atlantic City’s latest casino:

Revel, Atlantic City’s first new casino in nearly a decade, has been called “Cosmopolitan East,” for its similarities, real and supposed to the Cosmopolitan of Las Vegas. Like the Cosmo, it’s put a great deal of emphasis on its non-gaming amenities, and, like the Cosmo, it’s struggled on the casino floor. In June, Revel’s win per slot per day—a valuable metric of casino performance—was the lowest in the city.

via Atlantic City’s Last Great Hope? | Vegas Seven.

This week’s news about Revel seeking more credit only underlines the point that the casino is underperforming.

Author: Dave

Director of the Center for Gaming Research at the University of Nevada, Las Vegas and author of several books, including Roll the Bones: The History of Gaming. Also Gaming and Hospitality editor for Vegas Seven magazine.