Search Results for: "ten atlantic city"

New Jersey regulators approve sale of half ownership interest in Ocean Casino Resort to Ilitch family of Detroit

October 14, 2021

U.S.A., Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Mergers, Acquisitions & Partnerships, New Jersey

Originally announced in April 2021 by primary owner, Luxor Capital Group L.P., the sale of half of Ocean Casino Resort in Atlantic City to Detroit-headquartered conglomerate Ilitch Holdings Incorporated was app...

Atlantic City’s TEN is SOLD

K Morrison

January 8, 2018

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

The rumors regarding the sale of the former Revel Casino Hotel can finally be put to rest as the Atlantic City casino has reportedly been sold to Colorado developer Bruce Deifik's group, ACOWRE LLC, for $200 mi...

Rumored TEN Atlantic City buyers have applied for a casino license

Adam Morgan

December 14, 2017

Casino Sales, Latest Casino and Gambling News, Casino News, New Jersey

In New Jersey, rumors that the shuttered TEN Atlantic City will soon be sold in advance of re-opening next year have grown stronger following a local report that the supposed new owner has already applied for a...

TEN Atlantic City could re-open in May under new ownership

Adam Morgan

December 12, 2017

Casino Sales, Latest Casino and Gambling News, Casino News, New Jersey

Despite sitting empty for over three years, the shuttered TEN Atlantic City could reportedly begin welcoming guests again as soon as May after news emerged that the New Jersey property is purportedly in the pro...

TEN Atlantic City owner files lawsuit against New Jersey

Adam Morgan

October 27, 2017

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

Billionaire property developer Glenn Straub has reportedly filed a lawsuit against the state of New Jersey amid allegations that the coming annual tax bill for his shuttered TEN Atlantic City venue is over $3 m...

Keating & Associates show interest in Sands Bethlehem

Sadonna Price

October 17, 2017

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Pennsylvania

A private investment group based in New York, Keating & Associates, is reportedly considering making an offer for the Sands Bethlehem Casino. The group claims to have made an offer for the former Revel Casi...

Private equity group tables $220 million bid for TEN Atlantic City

Adam Morgan

July 13, 2017

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

In New Jersey, the long-running effort to fully re-open the shuttered TEN Atlantic City has taken a new turn after news emerged that a private equity firm has reportedly tendered a $220 million bid to purchase ...

Developer to miss another deadline for TEN Atlantic City opening

Adam Morgan

June 9, 2017

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

The billionaire property magnate that owns the former Revel Casino Hotel Atlantic City has reportedly revealed that he will not be meeting a self-imposed June 15 deadline to re-open the shuttered New Jersey pro...

New Jersey governor urges Glenn Straub to sell TEN Atlantic City

Adam Morgan

April 24, 2017

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

The Republican governor of New Jersey, Chris Christie, has reportedly declared that he hopes billionaire real estate mogul Glenn Straub will soon sell the former Revel Casino Hotel Atlantic City because he “has...

Revel owner: TEN Atlantic City will open in June

Chris Hohenstein

April 20, 2017

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

If you have been wondering why TEN Atlantic City has not opened yet, you’re not alone. While we patiently await its doors to open, another delay has been announced. TEN AC, formerly the Revel was supposed to...

Ex Atlantic City casino to become a water park

Alex Lanter

March 14, 2017

Casino Sales, Latest Casino and Gambling News, New Hotels, Casino closures, Mergers, Acquisitions & Partnerships, New Jersey

The Atlantic Club, one of the first Atlantic City casinos to throw in the towel among the five who closed-up shop in 2014, is about to be re-imagined as a large indoor water park and hotel, according to officia...

Appeals court rules against Straub in former Showboat casino claim

Sadonna Price

March 12, 2017

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

Glenn Straub has been fighting two battles in Atlantic City, both concerning two former casinos. Straub currently owns the former Revel Casino and has been trying to reopen the venue under a new brand known as ...

Former Revel casino awaits liquor licenses; misses holiday weekend

K Morrison

February 20, 2017

Latest Casino and Gambling News, Casino openings, New Hotels, Casino project updates, Licenses, New Jersey

Another holiday weekend has passed by without the former Revel Casino Hotel re-opening for business on the Atlantic City boardwalk. Glenn Straub, who purchased the shuttered property, that was rebranded in S...

Straub offered lifeline for opening TEN casino by Lesniak

Alex Lanter

February 8, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, Casino project updates, Licensing, New Jersey

New Jersey Senator Ray Lesniak has introduced a new legislation that would reportedly make it easier to open Atlantic City’s TEN Casino, a short time after its owner Glenn Straub was told by the New Jersey Casi...

Straub needs own casino license to open TEN at former Revel in Atlantic City

Lars Jones

January 31, 2017

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

The New Jersey Casino Control Commission (NJCCC) ruled today that it doesn't matter if the owner of the former Revel Casino plans to own or run the new casino, TEN, he still needs to obtain a gaming license bef...