Revel
The (Second) Revel Sale Is Dead. What Now?
Revel looks like it’s headed back to the auction block. Yesterday, a judge terminated Florida developer Glenn Straub’s agreement to purchase the failed casino for […]
Energy Company Threatens to Turn Revel into $2.4B Fungus Tower
The future of the closed Revel casino, Atlantic City’s $2.4 billion boondoggle, continues to be up in the air. Not long after a judge placed […]
Revel Sale Is Again On Hold
The Revel isn’t cursed, we don’t think, but even in bankruptcy it’s having a tough time finding its way to the future. A federal appeals […]
Revel Sold to Backup Bidder, Who Plans to Appeal Ruling
Update, 1:45 p.m.: A judge awarded Revel to Glenn Straub‘s company. Straub did not get a discount he’d requested, and has been ordered to pay […]
Revel Sale to Brookfield Officially Axed; Will Backup Bidder Buy?
Everything is lining up for a “university for geniuses” to go into the former Revel casino in Atlantic City. Well, maybe. A judge approved the […]
Failure of Revel Sale Could Harm Local Businesses
That meeting scheduled Monday in an attempt to save the possibly-failed Revel sale to Brookfield? We don’t know what happened, or if it even took […]
Meeting Scheduled Monday to Try to Save Revel Deal
A bankruptcy attorney for the failed Revel casino hotel has scheduled a meeting Monday in New York in an attempt to save the deal to […]
Developer Tries to Block Revel Sale
The losing bidder for the Revel Casino has filed an appeal of that outcome in state bankruptcy court.
Sale of Revel to Brookfield Is Finalized
A judge finalized the sale of the shuttered Revel Casino to Brookfield Holdings today, but not before some final bits of weirdness in a neverendingly […]
Losing Revel Bidder Asks for Second Chance
The dream of a “university for geniuses” isn’t dead yet. CBS Philly reports that Glenn Straub, the Florida developer who last week lost the bidding […]
Revel Sold, Won’t Become a University for Geniuses
The dream of a university for geniuses at the failed Revel casino is gone. At auction this morning, Brookfield Asset Management purchased Revel with a […]
Revel Auction Grinds Into Third Day
Something strange has happened to the shuttered Revel Casino this week: It’s become a hot property. An auction to sell off the casino will hit […]
Revel Bidder: Auction Delay Makes It “Tainted”
An attorney for hopeful Revel bidder Glenn Straub, who has pledged $90 million to buy the shuttered Atlantic City casino, called the auction process “tainted” […]
Revel Bidder: University Next to Casino Tower Would Have Students Who Are ‘Free, White and Over 21’
When Glenn Straub unexpectedly announced his plans to bid $90 million for Revel, we didn’t know much about him. But the Florida developer reveals something […]
Revel Bidder Wants to Put a University “for Geniuses” Next to the Casino
We told you last week about Florida builder Glenn Straub’s $90 million bid for Revel and his comment about blowing it up if it doesn’t […]