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Glenn Straub threatens to walk away from re-opening former Revel Casino in Atlantic City

August 22, 2016

Latest Casino and Gambling News, New Jersey

The $2.4 billion Revel Casino which opened in 2012 struggled to post profits and went into bankruptcy twice before finally shutting down in 2014. The Revel was one of the five casinos to shutdown in Atlantic Ci...

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 ...