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Gambling Business: Revel Casino Exits Bankruptcy

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Revel, Atlantic City’s most expensive casino ever, emerged from Chapter 11 bankruptcy protection on Tuesday. It was built just over a year ago. The casino announced in February that it ...

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Lokitns

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Holy.. 1.5billion in debt, and the bankruptcy wiped away 1.2billion of it. Jesus.

“With a right-sized balance sheet, reduced debt load and improved cash flow, we have emerged from this process stronger and better positioned for success,” he said.

If I got what.. 90% of my debt wiped away and could flat out focus on getting customers in my door and losing their money I'd be in a pretty positive manner too I guess.
 
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