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Revel CEO Kevin DeSanctis steps down

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Jeffrey Hartmann, a gambling consultant, has been appointed as interim chief executive officer while Revel reorganizes under Chapter 11 bankruptcy. Kevin DeSanctis will remain CEO and chairman of Revel AC’s holding company, Revel Group, the developer of the casino property. Dennis Stogsdill of Alvarez & Marsal Inc. was hired as chief restructuring officer..

Read the following news stories about the future of Revel:

  1. From Bloomberg News on March 13, Revel Casino Appoints Interim CEO to Handle Bankruptcy
  2. From Press of Atlantic City on March 13, Kevin DeSanctis out as Revel head, former Mohegan Sun executive moves in
  3. From Atlantic Press Weekly on March 13, Revel Has New Interim CEO: Jeffrey Hartmann
  4. From NJ.com on March 13, Revel CEO resigns weeks before expected bankruptcy filing

Read more about Revel opening last year as the first 100% smokefree gaming resort in Atlantic City at GASP’s New Jersey Gaming webpage.