Please discuss revel casino that was built in atlantic city


Please discuss Revel casino that was built in Atlantic City, New Jersey and then shortly thereafter became bankrupt. A Toronto based company purchased Revel for five cents on the dollar. The class discussion is centering on what exactly went wrong for Revel. Explain the risks and also identify the loss exposures. Ideas to discuss in this exercise are why did Revel go bankrupt? Explain the insurance measures surrounding this and how it will impact the possible revitalization of Atlantic City, New Jersey's economy overall. There are many internet resources that you can use for this required class discussion. Please feel free to shed some light on what is going to become of this bankrupted casino. Does Atlantic City, New Jersey have a future? Unemployment rate is on the rise in this location rampantly. Please discuss your opinions and also insights and any facts related to this cozy seaside town.

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Financial Management: Please discuss revel casino that was built in atlantic city
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