Revel still sluggish in second month of operation

    Revel fared little better in its second month of operation in Atlantic City, taking in $13.9 million in May.

    That ranked it eighth out of the city’s 12 casinos, and represented only a slight improvement over the $13.4 million it won from gamblers in April.
    For the entire resort, casino revenue fell 9.5 percent in May to $263 million.

    The $2.4 billion Revel got off to a slow start in April, during what it called a preview period designed more to test equipment and procedures than to rake in money. In May, it had its four-day grand opening featuring high-profile concerts by Beyonce.

    But they failed to draw enough revenue to drastically improve the performance of a casino resort widely viewed as a key to Atlantic City’s future.

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