AC OCEAN WALK Acquires Atlantic City’s Revel Hotel and Casino for $200 Million

Integrated properties | January 8, 2018

ATLANTIC CITY, New Jersey, Jan. 8, 2018 -- AC OCEAN WALK announced today that it acquired the former Revel Casino Hotel in Atlantic City for $200 million. The property will be re-branded as the Ocean Resort Casino, giving a nod to the property's location on 20 acres along the famed Atlantic City Boardwalk, and the ocean views featured in its 1,399 rooms. AC OCEAN WALK will begin work to ready the property for operation immediately, with plans to open in summer 2018. When fully operational, the property will provide between 2500-3000 jobs to Atlantic City, contributing greatly to the city's economic resurgence. "We are incre...