Kevin DeSanctis

Revel Casino Emerges From Bankruptcy FilingThe pre-planned Chapter 11 filing wiped out $1.2 billion of the casino's $1.5 billion in debt, by giving lenders an 82 percent ownership stake.
Atlantic City's Revel Casino Already Filing For BankruptcyLess than a year after opening, the Revel casino and hotel in Atlantic City has announced it is filing for chapter 11 bankruptcy next month.