Atlantic City NJ

(Glenn Straub, leaving bankruptcy court in Camden in October 2014.  File photo by David Madden)

Judge Declines to Extend Deadline For Purchase of Revel Casino by Florida Developer

Glenn Straub’s agreement to buy the defunct casino-hotel expired at midnight Monday. He wants another month to deal with utility issues and the appeals of commercial tenants who remain.

KYW Newsradio 1060–02/11/2015

The Revel sign coming down in September 2014, after the shutdown of the facility. (Credit: Cleve Bryan)

Owners of Former Revel Casino Move to Void Sale to Developer Glenn Straub

Straub had until midnight yesterday to close on the sale, but didn’t.

KYW Newsradio 1060–02/10/2015

(The Revel casino-hotel resort, on the Atlantic City boardwalk.  August 2014 file photo by David Madden)

Power Company Agrees To Another Week of Service at Defunct Revel Casino-Hotel

City officials have been warning of health and safety concerns, plus the potential for mold formation if the utilities are shut off at Revel.

KYW Newsradio 1060–02/05/2015

NJ state senate president Steve Sweeney, in a file photo.  (Credit: David Madden)

NJ Senate President Says Christie’s A.C. Plan Brings Stench of Bankruptcy

And if things play out as he expects they will, Steve Sweeney says he is ready to fight the governor’s plan in court.

KYW Newsradio 1060–01/30/2015

The Revel sign coming down in September 2014, after the shutdown of the facility. (Credit: Cleve Bryan)

Hard Rock Gets State OK For Possible Future Casino Venture in Atlantic City

And it may center around the defunct Revel property, soon to be bought by Florida developer Glenn Straub.

KYW Newsradio 1060–01/29/2015

New Jersey Governor Chris Christie in Atlantic City. (credit: Cleve Bryan)

Christie Names Oversight Team To Dig A.C. Out Of ‘Enormous Hole’

By executive order, Christie appointed Kevin Lavin as the city’s emergency manager and Kevyn Orr as special counsel to the emergency manager.

KYW Newsradio 1060–01/22/2015

(A representative of Bass Pro Shops checks in jobseekers at the company's job fair at the Atlantic City Sheraton.  Photo by Mike DeNardo)

Hundreds Show Up For Sporting Goods Chain’s Job Fair in Atlantic City

The line stretched out of the ballroom of the Sheraton, around the corridor, wrapped around a spiral staircase and ended at the front door of the hotel.

KYW Newsradio 1060–01/20/2015

(File photo. Credit: caesarsac.com)

Caesars Files for Bankruptcy Protection for Two Atlantic City Casinos

Company officials say operations at its facilities, including a pair of Atlantic City casinos, will go on as usual.

01/15/2015

The Trump Plaza casino in Atlantic City closed at 6am on Tuesday, September 16, 2014. (Credit: Tim Jimenez)

US Govt. Finds Nearly $30M To Help Atlantic City’s Laid-Off Casino Workers

With four casinos gone in the past year, putting more than 8,000 people out of work, New Jersey’s congressional delegation got the US Labor Department to put together $29.4 million in grants for retraining that idled work force.

01/14/2015

(The web site of WMGM-TV, channel 40, two days before the station loses its NBC network affiliation.)

Interim Plans For Jersey Shore TV Station; Area Radio Fills In News Coverage

Posted listings show WMGM picking up the “Soul of the South” TV network and a slew of infomercials to fill the time.

12/30/2014

(File photo by Joe Raedle/ Getty Images)

Area Man Draws Life Sentence For Sex Trafficking 3 Women, One A Minor

Two of the three women who were victimized by Christian Dior Womack submitted impact statements to US District Court in Philadelphia, each saying they were still haunted by horrible memories and will never be the same.

12/18/2014

Trump Taj Mahal Casino and Resort in Atlantic City. (Credit: Ashley Wolf)

Billionaire Carl Icahn Offers $20M Infusion to Avert Taj Mahal Shutdown

Icahn, who is poised to buy the Trump Taj Mahal casino-hotel, is ponying up $20 million so it can remain open while bankruptcy proceedings play out.

12/18/2014

(credit: Cleve Bryan/CBS3)

Bankruptcy Judge Allows Canadian Firm To Back Out of Purchasing Revel Casino

Judge Gloria Burns has granted a request by Revel Entertainment to cancel the $110-million sale to Toronto-based Brookfield Asset Management.

12/12/2014

(Glenn Straub, leaving bankruptcy court in Camden in October 2014.  File photo by David Madden)

Developer Glenn Straub Now First in Line to Purchase Revel Casino Facility

Straub had offered $95 million for the Atlantic City property. A hearing is scheduled for Friday to consider the motion.

12/10/2014

The Trump Taj Mahal Casino Resort in Atlantic City. (Credit: Ashley Wolf)

Closing Of Trump Taj Mahal Pushed Back 8 Days

The owners of Atlantic City’s Trump Taj Mahal have pushed back the scheduled closing date for the casino.

12/05/2014

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