Revel Casino

(credit: Cleve Bryan/CBS3)

Bankrupcy Judge Officialy Axes Second Potential Revel Sale

After failing to sell their property for a second time, owners of the Revel casino head back to court in an effort to re-coup some money from a former potential buyer.

02/19/2015

(credit: Cleve Bryan/CBS3)

Judge Delays Ruling On Scuttling Deal To Sell Revel Casino

A call to kill the deal to sell the bankrupt Revel Atlantic City to a Florida-based businessman remains in limbo after yet another court hearing in Camden. While a judge is expected to rule on Thursday, the developer is once again negotiating with the hotel-casino to salvage the transaction.

02/17/2015

(credit: Cleve Bryan/CBS3)

Expert Discusses If Third Time Could Be A Charm For Selling Revel Casino

In the ongoing drama that is the fate of the shuttered Revel Casino, a bankruptcy judge could well throw out a second deal to sell the place next week.

02/14/2015

(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

Atlantic City's Revel Casino building, seen from the boardwalk. (File photo by Ashley Wolf)

Revel Owners Ask Judge To Cancel Deal With Florida Developer

The owners of the shuttered Atlantic City casino say they could not reach a deal to sell the property.

02/10/2015

(credit: Cleve Bryan/CBS3)

2nd Place Bidder Wins Revel, But Rejects Deal 

A federal judge has approved the sale of Atlantic City’s former Revel casino to the runner-up bidder in last year’s bankruptcy court auction for $95 million — but the buyer doesn’t want it at that price.

01/05/2015

Atlantic City's Revel Casino building, seen from the boardwalk. (File photo by Ashley Wolf)

Revel Asks Judge To Cancel Casino Sale

The lawyers for Revel filed paperwork to cancel the $110 million sale to Brookfield US Holdings.

12/10/2014

(credit: Cleve Bryan/CBS3)

Losing Bidder Asks Court For New Auction Of Revel

The Florida developer who came up short in a bankruptcy court auction for the former Revel casino wants the judge to invalidate the result and hold a new sale.

10/06/2014

(credit: Cleve Bryan/CBS3)

Local Analysts Weigh In On Canadian Firm’s Chances Of Saving Revel Casino

A hearing is set next week in federal bankruptcy court on whether to approve a $110 million bid to take over the closed Revel Hotel and Casino in Atlantic City.

10/04/2014

Stigall Show Log 10.2.14

Chris reviewed the resignation of Secret Service Director Julia Pierson, the latest of the Ebola case in Dallas, and the FCC’s consideration to ban the term “Redskins.” He also talks with Senator Pat Toomey at 8:20.

Talk Radio 1210 WPHT–10/02/2014

(Credit: Jan Carabeo)

Revel Sold For $110M; Buyers Plan To Reopen It As A Casino

A Canadian asset management company that won a bankruptcy court auction for the failed Revel casino hotel in Atlantic City plans to reopen it as a casino.

10/01/2014

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

Trump Plaza Shuts Down; 4th Atlantic City Casino To Close

The yellow signs are up on the doors to the boardwalk entrance of Trump Plaza. At 6am it became the fourth casino to close this year and the third since Labor Day Weekend.

09/16/2014

(credit: Cleve Bryan/CBS3)

Judge OKs Auction For Closed $2.4B Revel Casino

A bankruptcy court judge says she will approve an auction Sept. 24 for the closed $2.4 billion Revel Casino Hotel.

09/15/2014

(Credit: Jan Carabeo)

Deal To Sell Padlocked Revel Hits Potential Roadblock

A deal to sell Revel Casino Hotel at a bargain basement apparently doesn’t impress the federal bankruptcy trustee involved in the process.

09/13/2014

(Photo by David Madden)

Union and State of NJ Extend Helping Hand to Laid-Off Atlantic City Casino Workers

A resource center has opened in Atlantic City, NJ to assist the thousands of people laid off by this weekend’s shutdown of the Revel and Showboat casinos.

09/03/2014

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