By David Madden
Straub now owns the glittering facility, which some might call a “white elephant,” that sits at the northern end of the Atlantic City boardwalk.
Straub will be busy over the next several months getting both the former Revel up and the adjacent Showboat up and running. Straub has a $26-million deal to take the Showboat off Stockton University’s hands.
Meanwhile, Straub’s half-billion-dollar “Phoenix Project,” to revitalize Atlantic City as a whole, is just starting to take shape.