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AC Mayor: 6 Potential Buyers For Revel Casino

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(credit: CBS 3)

(credit: CBS 3)

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ATLANTIC CITY, N.J. (AP) — Atlantic City’s mayor says there are six potential buyers for the Revel Casino Hotel, which is up for sale next month at a bankruptcy auction.

Don Guardian also says his administration has been in talks with the current owners of the former Atlantic Club casino about selling it to a new buyer.

It was not immediately clear whether a new buyer would seek to operate the Atlantic Club as a casino.

However, a deed restriction as part of the sale from Caesars Entertainment to a Florida firm prohibits the building from being used again as a casino.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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