Tag Archives: revel
- Atlantic City’s mothballed Revel/TEN casino reportedly sold
October 5, 2017
Confusion reigns over whether Atlantic City’s mothballed Revel casino has been sold, with the property’s owner saying one thing, and official documents saying the opposite. Revel was supposed to jumpstart AC’s struggling casino business when the $2.4b property opened with great fanfare in 2012. But gamblers never really took to...
- 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...
- Betfred hops on social casino bandwagon with Betfred Social
March 22, 2017
UK bookmakers Betfred have hopped on the social gaming bandwagon via the launch of the new Betfred Social app. This week saw the arrival of Betfred’s new social casino, which offers free-to-play slots and bingo games, along with the exclusive Betfred Bonus King Blackjack and Magical Clover slot, with more...
- Trump name removed from Atlantic City’s Taj Mahal casino
February 15, 2017
The name ‘Trump’ is coming off Atlantic City’s Trump Taj Mahal casino because US President Donald J. Trump won’t stand to have his name associated with failure, at least, not the political kind. This week, the Press of Atlantic City broke the news that workers had removed the name ‘Trump’...
- Lesniak offers Straub lifeline on reopening Revel casino
February 8, 2017
A New Jersey state politician has introduced legislation that would make it easier for the new owner of Atlantic City’s shuttered Revel to reopen the property as a casino. On Monday, New Jersey State Sen. Ray Lesniak (pictured) introduced S3001, which would allow owners of Atlantic City hotels “to lease...
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
Atlantic City casino revenues down 2.7 percent
August 15, 2017