Revel’s Got a New Reopening Date
Last fall we learned that Revel’s got a new name—TEN—and now it’s got an updated reopening date—February 20th. That’s President’s Day and just three weeks from now.
The ill-fated casino was initially scheduled to reopen last summer, but it’s remained shuttered for longer than expected. Some squabbling between owner Glenn Straub, who bought the once $2.4 billion Revel out of bankruptcy for just $82 million in 2015, and the Casino Reinvestment Development Authority may be the cause.
The delay is also due in part to licensing complications. Straub’s had to attend hearings as recent as Tuesday to determine whether he needs a casino license despite leasing gaming operations at the site to a third party. The control board ruled that Straub is required to be licensed to reopen Revel as a casino. Even so, Straub says he will reopen on the target date and fight the board’s ruling in court.
Once reopened, the 47-story building will contain 13 restaurants, two theaters, 1,399 hotel rooms, three nightclubs, five pool areas, a 32,000-square-foot spa, 55,000 square feet of retail space and a parking garage with more than 7,000 spaces.
The casino hotel hasn’t released any other details about the grand reopening, but the Atlantic City Press tells me Straub is on track to reopen the site on February 20th. Its website maintains a bright, optimistic page titled, “the anticipation of the opening 2017.” We’ll be waiting.
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