Both Uses

revel
in
Antony and Cleopatra
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From Alexandria This is the news:—he fishes, drinks, and wastes The lamps of night in revel: is not more manlike Than Cleopatra;, nor the queen of Ptolemy More womanly than he: hardly gave audience, or Vouchsaf'd to think he had partners: you shall find there A man who is the abstract of all faults That all men follow.†
Scene 1.4 *
Nay, 'tis most certain, Iras:—saucy lictors Will catch at us like strumpets; and scald rhymers Ballad us out o' tune: the quick comedians Extemporally will stage us, and present Our Alexandrian revels; Antony Shall be brought drunken forth, and I shall see Some squeaking Cleopatra boy my greatness I' the posture of a whore.†
Scene 5.2

Definitions:

(1) (revel)
to take delight in; or to party or celebrate -- especially in a noisy way
(2) (meaning too rare to warrant focus)
More rarely today (though common in classic literature), revel can be used as a noun that is a synonym for party -- as when Shakespeare wrote "I delight in masques and revels sometimes."