It would be the first new casino. It shut down Sept. Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3, hotel rooms. . what was revel casino before. Sept. Revel Casino Hotel in Atlantic City, New Jersey. The two-year old, twice-bankrupt, $ billion Revel casino will also close after its owners failed to find a buyer, company officials announced. Ocean Resort Casino, seen from the boardwalk in ATLANTIC CITY, Nueva Jersey, [HOST] (AP) — El hotel y casino Revel cerró sus puertas la mañana del martes, poco más de dos años después de. The property is the former Revel casino, the $ billion pleasure palace at the north end of Atlantic City's Boardwalk. Revel is a playground unto itself, with 1, quiet, modern rooms and suites; a vast, smoke-free casino; and an array of entertainment, social. The Sky Trail® will stand 3 stories tall and have 2 levels of 46 elements of varying design and difficulty. Revel was the third of four Atlantic City casinos to close in Ocean Casino Resort. 2.