Search Results for: "revel"

Sparks of life for soon-to-reopen Revel casino?

March 2, 2016

Latest Casino and Gambling News, Casino project updates, New Jersey

On Monday night, the giant white ball at the top of the 47-story former Revel casino in Atlantic City was illuminated for what may have been the first time since September 2014 when the casino shut down. The...

Glenn Straub decides to open smaller casino at former Revel resort location

Renee Kingsley

January 21, 2016

Latest Casino and Gambling News, New Jersey

Atlantic City could end up opening its 9th casino within the next few years as Glenn Straub finally confirmed his plans to start development work on the former Revel casino site. Straub recently announced that ...

Revel power plant purchase ends one headache for Straub; Mentions casino plans

K Morrison

November 27, 2015

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Mergers, Acquisitions & Partnerships, Labor Relations, Fines, Lawsuits & Litigation, New Jersey

A major obstacle to the reopening of the former Revel Casino in Atlantic City was removed when a deal between a bank, utilities and Florida developer Glenn Straub was reached on Tuesday. Straub will be able ...

Glenn Straub offers to turn former Revel casino into Syrian refugee shelter

Renee Kingsley

November 4, 2015

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Fines, Lawsuits & Litigation, New Jersey

When real estate developer Glenn Straub finally managed to purchase the former Revel casino in Atlantic City, he was reluctant to start another casino but instead had a number of ideas for the property. Some...

20 acre solar farm might keep Revel pipes from freezing

Sadonna Price

September 14, 2015

Latest Casino and Gambling News, Casino project updates, New Jersey

Without electricity, the Revel Casino Hotel of Atlantic City has been subject to seasonal issues. In the summer months, the concern was that mold would take over the property or an airliner would crash into the...

Bank of New York Mellon attempts to intervene in former Revel casino dispute

Renee Kingsley

June 30, 2015

Gaming Law & Legislation, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Licenses, Florida, Labor Relations, Fines, Lawsuits & Litigation, New Jersey

The dispute between the new owners of the former Revel casino and the ACR Energy Partners continues to go on as both parties are unable to reach a mutual agreement. ACR Energy Partners used to be the sole power...

Revel must apply for own casino license; not authorized to possess gaming equipment

Sadonna Price

April 28, 2015

Latest Casino and Gambling News, Casino News, Casino project updates, Bankruptcy, Fines, Lawsuits & Litigation, New Jersey

The new proprietor of the now defunct Revel casino of Atlantic City has yet another hurdle to face after acquiring the property. The Polo North Country Club of Glenn Straub cannot take on the casino license of ...

Revel Casino building still without power in Atlantic City

Sam Mitchell

April 15, 2015

Latest Casino and Gambling News, Casino News, Fines, Lawsuits & Litigation, New Jersey

ACR Energy Partners met Tuesday April 14, 2015 with a Federal Judge asking for restrictions on Glenn Straub's new purchase of the Atlantic City Revel Casino. Straub's new building has been without power since T...

ACR follows through; turns off power to Revel

Lars Jones

April 9, 2015

Fines, Lawsuits & Litigation, New Jersey

Update 4-10-15: Revel owner faces daily fines for code infraction - fire suppression system without power (see below) Florida Real Estate developer Glenn Straub finally secured ownership of the Revel Casino on...

Glenn Straub wins Revel Casino bid

Sam Mitchell

April 3, 2015

Latest Casino and Gambling News, Casino News, Gaming Industry News, Bankruptcy, New Jersey

There has been a lot of back and forth as to whether Glenn Straub would be able to purchase Revel Casino. There was certainly some doubt in the last few days of March 2015 that it would happen. However, the jud...

Manhattan developer and NJ real estate executives may have winning bid for Revel

Sam Mitchell

March 30, 2015

Latest Casino and Gambling News, Casino News, Mergers, Acquisitions & Partnerships, Bankruptcy, New Jersey

North New Jersey news has reported that one of the top NJ real estate executives and a wealthy Manhattan developer may join hands and bid for Revel Casino. The casino is bankrupt and currently for sale in Atlan...

Revel court action postponed

Lars Jones

March 12, 2015

Latest Casino and Gambling News, Fines, Lawsuits & Litigation, New Jersey

Update 3-13-15: Straub deal denied Judge Gloria Burns of the U.S. Bankruptcy Court in Camden, N.J. refused to approve the sale of Revel Casino Hotel to Glenn Straub's Polo North company saying she didn't have ...

Atlantic City Revel deal unraveling?

Lars Jones

March 3, 2015

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Mergers, Acquisitions & Partnerships

A week ago it was announced that a deal had been put together between the bankrupt Revel AC and Florida developer Glenn Straub's Polo North Country Club to transfer the $2.4 billion property for the sum of $82 ...

Revel Casino sale is delayed by federal judge

Bernard Richter

February 10, 2015

Latest Casino and Gambling News

The sale of the Revel Casino in New Jersey’s Atlantic City is set to be delayed, following a hearing. A federal judge postponed the sale over the weekend, whilst a hearing was established to potentially block s...

Revel Casino to remain open through Labor Day weekend

August 18, 2014

Latest Casino and Gambling News, World Casino News, North America Casino News, Casino closures

Revel AC, Inc. (the “Company” or “Revel”), the parent company of Revel Entertainment Group, LLC, announced today that Revel Casino Hotel will remain open through Labor Day weekend. We encourage our guests to...