The property that debuted at sunrise on April 2, 2012, with its then-president joining New Jersey Lt. But the $2.4 billion resort shut down Tuesday as its casino closed one day after the hotel checked out its last guest. Revel Casino Hotel opened a little more than two years ago amid high hopes of turning around Atlantic City’s struggling casino market. (AP) – Atlantic City’s newest casino – and its biggest, costliest flop – went out with barely a whimper.