Revel Casino Replaces CEO

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It was only a matter of time: Revel CEO Kevin DeSanctis and chief investment officer Michael Garrity are being replaced, weeks ahead of a filing for Chapter 11 bankruptcy. (They are, however staying with the bigger Revel conglomerate.) Meanwhile, Daniel Hartmann, a 20-year industry veteran, says he “plans to a large extent to follow the business plan set out by his predecessors.” Good luck with that! Read more about the A.C. casino’s troubles here. [NY Post]

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