Tag Archives: Glen Straub
- Mystery NY equity firm dangles $220M for Atlantic City’s Revel
July 13, 2017
Florida developer Glenn Straub’s eyes might be gleaming right now after a New York-based private equity firm tendered a $220 million offer to the shuttered Revel Hotel and Casino. The offer of the still unnamed equity firm is quite hefty since the $2 billion venue at the north end of...
- Glen Straub ordered to pay $60K lien on former Revel casino
June 14, 2017
Revel’s past has come to haunt developer Glenn Straub. The Press of Atlantic City reported that a Superior Court judge ordered Straub’s Polo North Country Club last week to pay $62,641 for Revel casino’s unpaid 2015 Casino Reinvestment Development Authority special improvement district (SID) fees. Straub needs to pay the...
- Revel sale hanging by a thread after deadline passes
February 11, 2015
Atlantic City's Revel Casino Hotel is once again without a buyer after a company-specified deadline for real estate developer Glenn Straub to close the $95.4 million deal came and passed without a resolution. According to papers filed in US Bankruptcy Court in Camden, Revel indicated that it had done all it...
New Jersey sells bonds to fund AC casino tax appeals
September 22, 2017
Betfred hops on social casino bandwagon with Betfred Social
March 22, 2017