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Why New Jersey's Beautiful Revel Casino Is Struggling, In 23 Photos

Robert JohnsonMar 6, 2014, 02:55 IST

Robert Johnson for Business Insider

Really expensive and worryingly empty.

That's what we thought about Atlantic City's Revel Casino Hotel when we visited on a recent Saturday afternoon. It's not a good combination.

Revel, which opened in 2012, has already entered and exited bankruptcy with a tremendous writedown and is now reportedly up for sale at a bargain price. It is "a magnificent failure that has obliterated at least $2 billion in investments," reports The Philadelphia Inquirer.

We photographed the beautiful interior of the casino while reflecting on how it and the rest of Atlantic City fell on hard times.