Revel was among five Atlantic City casinos to close since 2014 as the Jersey Shore gambling hub suffered from a saturated gambling market and regional competition from nearby Pennsylvania. “The property is expected to slowly capture its fair share of the market given the quality of the property-(originally opened in 2012), breadth of project offerings and a revamped operating strategy aligned with the demands of patrons in the market,” said Moody’s analyst Peggy Holloway in the report. ![]() The facility will also include 55,000 square feet of retail space along with a parking garage with more than 7,000 spaces. ![]() ![]() The Moody’s report said AC Ocean Walk will includes 100 gambling tables, 2,000 slot machines, pools, a spa, nightclubs and 13 restaurants.
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