Casino workers in Atlantic City have run into a serious stretch of bad luck.
That's especially true for people who were employed by Revel, the money-losing New Jersey resort that cost $2.4 billion to build. The casino filed for bankruptcy and closed its doors in September, leaving about 8,000 workers without a job.
Atlantic City has fallen on hard times due to an oversupply of hotel rooms as people increasingly go to other regional gambling hubs or choose to gamble online. In addition to Revel, several other local casinos have gone bust, including the Trump Plaza Hotel and Casino.
Revel appeared to find a new owner after a $110 million deal by Brookfield Asset Management last year. However, that purchase collapsed. The property has since been purchased by Florida developer Glenn Straub, but local reports indicate it's unlikely to reopen before the end of the summer.
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