Tag Archives: revel casino
- 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...
- Developer planning water theme park on Revel; Pennsylvania developer eyeing Atlantic Club purchase
January 9, 2015
Florida real estate developer Glenn Straub has finally revealed his plans for the former Revel casino once his acquisition of the property is completed. No, he’s not re-opening it as a casino (at least not yet), nor does he plan to turn it into a school campus like what Richard...
- Judge awards Revel casino to Florida developer
January 6, 2015
A bankruptcy judge has approved the sale of Atlantic City's Revel Casino and Hotel to Florida real estate developer Glenn Straub but rejected his argument that the price should be cut to $87 million because the auction process was "tainted by conflicts and the lack of transparency." Judge Gloria Burns in...
- Revel casino employee likely leaked Ray Rice video; books post Goodell and Rice props
September 17, 2014
Even from beyond the grave, Revel Hotel and Casino continues to make the wrong kind of headlines. According to NBC News, senior casino employees of with knowledge of security practices at Revel believe that a casino employee was likely responsible for leaking the video showing former Baltimore Ravens running back...
- New Jersey judge finalizes September 24 auction of Revel
A New Jersey Bankruptcy Court judge has ruled that the Revel Casino and Hotel will go to auction on September 24. Judge Gloria Burns in Camden, New Jersey made the ruling on Monday, despite expressing her desire to postpone it another week. "I'm not sure that extending the timing will...
- Ray Rice altercation at Revel looks much more serious now
February 20, 2014
The altercation between Baltimore Ravens running back Ray Rice and his fiancé at Revel Casino in Atlantic City may have been more serious than the two embroiled in the fight may have led on. Rice's attorney downplayed the domestic violence incident over the weekend, calling it a "very minor physical...
New Jersey sells bonds to fund AC casino tax appeals
September 22, 2017
Atlantic City casino revenues down 2.7 percent
August 15, 2017
Atlantic City’s mothballed Revel/TEN casino reportedly sold
October 5, 2017