Bruce Deifik, the Colorado developer who purchased and reopened the former Revel Casino Hotel in Atlantic City, before having to give up the property earlier this year, died Sunday.
An existing shareholder is leading the $70 million capital infusion into the Ocean Resort Casino in Atlantic City, paving the way for it to become the property’s new majority owner.
As a crowd packed the famed Atlantic City boardwalk on Thursday, an investment group hailed the opening of the new Ocean Resort Casino at the former Revel property.
The developer who just sold the shuttered Revel Casino Hotel says he’s still looking to have a major role in Atlantic City, where he reportedly still owns dozens of properties.
An investment group has paid $200 million to acquire the former Revel Casino Hotel in Atlantic City, with plans to renovate and reopen the nearly six-year-old property this summer.