But it acknowledged that if that happened, it would be after the facility had already shut down. Revel said it still hopes to find a buyer through the bankruptcy process. The company said it cannot avoid 'an orderly wind-down of the business at this time.'' It also said challenges arose in attempts to sell Revel. The company said its situation was compounded by a 'considerable non-controllable expense structure' that financially burdened the property. 'Atlantic City will flourish in the coming years, and I really, truly believe that.' 'In a transition period of making it a resort destination, you know I think we still have to focus on that and go forward in making that happen,' Mazzeo said.
