Courts Approve "Divorce" Of Revel And Its Power ProviderThe biggest obstacle to reopening the former Revel Hotel Casino in Atlantic City has been cleared with a legal agreement reached in Camden federal court over the future of the power plant that served the facility exclusively.
Exclusive: How Revel Owner Would Turn Vacant Casino Into World's Most Luxurious Refugee CampThe multibillion dollar shuttered Atlantic City Revel casino sits dark and unused, but owner Glenn Straub wants to turn it into the world's most luxurious refugee camp.
Revel Owner Suggests He Can Help Ease Syrian Refugee CrisisFlorida developer Glenn Straub has a new idea for using the shuttered Revel Casino Hotel in Atlantic City, at least while the facility's long term future is hammered out in the courts.
Surviving Atlantic City Casinos' July Revenue Up More Than 8 PercentData released Wednesday by New Jersey regulators shows the casinos won $257.5 million from gamblers last month, compared to $238.3 million in July 2014.
Atlantic City Fining Powerless Revel Casino $5,000 DailyThe new owner of what was the Revel Hotel Casino in Atlantic City hasn’t had the keys for a week yet and already he’s facing major issues with the property.
Power Plant Shuts Off Service At Revel CasinoTwo days after it was bought by a Florida developer, Atlantic City's former Revel casino went dark Thursday as the power plant that is its sole supplier of utilities cut off service.
Judge Expected To Rule Friday On Whether To Approve Revel SaleThe judge presiding over the Revel bankruptcy sale expects to rule Friday on whether to approve the $82 million deal with Florida developer Glenn Straub.
Bankrupcy Judge Officialy Axes Second Potential Revel SaleAfter 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.
Judge Delays Ruling On Scuttling Deal To Sell Revel CasinoA 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.
Expert Discusses If Third Time Could Be A Charm For Selling Revel CasinoIn 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.
Judge Declines to Extend Deadline For Purchase of Revel Casino by Florida DeveloperGlenn 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.
Revel Owners Ask Judge To Cancel Deal With Florida DeveloperThe owners of the shuttered Atlantic City casino say they could not reach a deal to sell the property.