As the news gets worse, you'd think Revel might want to reconsider its business model. For example, according to today's Inky, Revel is now asking its lenders "for up to $100 million to make it through this year and 2013." But CEO Kevin DeSanctis has something to say, and it is this: "We are excited about what we have delivered from a product and experience perspective, and remain confident our strategy and differentiated economic model will result in significant value creation for our stakeholders." [Inquirer]
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