Revel

(Credit: Jan Carabeo)

New Revel Owner: ‘No Way’ The Casino Will Reopen This Summer

Glenn Straub says it’s doubtful whether any of the non-gambling attractions can be re-opened by Labor Day, but adds he hopes to open an indoor water park there by November.

05/26/2015

(Credit: Jan Carabeo)

Power Restored To Revel Casino; Re-opening Date Uncertain

New owner Glenn Straub said electricity was restored to the Boardwalk resort at 8 a.m. Tuesday.

04/29/2015

(Credit: Jan Carabeo)

Ex-Lender Offers $300K To Get Revel Fire Systems Back Online

Wells Fargo acknowledges it no longer has anything to do with the building, which was bought on April 7 by Florida developer Glenn Straub.

04/18/2015

(credit: Cleve Bryan/CBS3)

Judge OKs Sale Of Revel Casino To Florida Developer For $82M

Three years to the day after Atlantic City’s $2.4 billion Revel casino opened — and seven months to the day after it closed — a bankruptcy court judge approved its sale to a Florida developer for about 4 cents on the dollar.

04/02/2015

(credit: Cleve Bryan/CBS3)

Revel Says No One Else Has Come Forward To Bid On Casino

Atlantic City’s former Revel casino acknowledges it has no one to turn to but a Florida developer whose bids to buy the shuttered gambling hall have repeatedly fallen apart.

03/21/2015

(credit: Cleve Bryan/CBS3)

Hearings Postponed In Revel Casino Sale Case

Hearings on the tumultuous Revel casino sale have been postponed.

03/15/2015

(credit: Cleve Bryan/CBS3)

More Drama In Pending Revel Sale

A third try is being delayed as a judge allows a new player into the discussion.

03/05/2015

(Credit: Jan Carabeo)

Revel Sale Resurrected; $82M Price Agreed On For Ex-casino

Glenn Straub signed a deal Tuesday to buy Revel for $82 million. The casino cost $2.4 billion to build.

02/24/2015

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)

Judge Sets Up Court Showdown Over Revel Future

In a rare Sunday ruling, Judge Jerome Simandle ordered that claims from business tenants at the casino, as well as its sole supplier of utility services, must be heard before the sale can go through.

02/08/2015

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

Revel Sale Put On Hold While Nightclub Appeals Terms

The sale is on hold while the company that ran its popular nightclub and beach bar appeals.

01/31/2015

Revel Casino in Atlantic City. (credit: Jan Carabeo)

Judge: Revel Sale To Florida Developer Can Proceed

A federal judge on Wednesday allowed the sale of Atlantic City’s former Revel casino to a Florida developer to proceed.

01/21/2015

(Credit: Jan Carabeo)

Buyer Threatens To Walk Away From Revel Casino Purchase Deal

The Florida developer in line to buy Atlantic City’s former Revel casino hotel is threatening to walk away from the deal if a court ruling goes against him.

01/21/2015

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

Shuttered Revel Casino Hotel Sold… Again

Federal Bankruptcy Judge Gloria Burns is approving the sale to Glenn Straub virtually free and clear, although negotiations continue with Revel tenants and the company that provides power to the place.

01/08/2015

(credit: Cleve Bryan/CBS3)

Potential Revel Casino Buyer Wants Discount

The Florida developer in line to purchase the former Revel Casino Hotel in Atlantic City wants an $8 million discount.

12/25/2014

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