Revel

(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

(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

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: Jan Carabeo)

Revel Fights City’s Collection Of Back Taxes

The owners of the former Atlantic City casino, which closed on Sept. 2, filed an appeal Monday of a bankruptcy court order letting Atlantic City hold a tax sale of the unpaid debt.

11/25/2014

(Credit: Jan Carabeo)

Acrimony Surfaces In Revel Auction

Florida developer Glenn Straub, whose $90 million bid is the only publicly identified one, has asked a judge to delay an auction that resumed Tuesday until Thursday.

09/30/2014

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