Revel Atlantic City and the Ongoing Legal Drama

Meanwhile, the sales rumors for Revel continued, except they started to hold a little more weight. Player safety is another benefit. While he was ready to open without a casino, he decided against opening a casino with no liquor. Thanks to a paper trail, the Press of Atlantic City uncovered a sale agreement from a Denver-based firm in early October. Still Straub said no. Since these sites do not have physical space limitations, they are able to offer may more games than one would find at a land casino.

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After that, players can benefit from ongoing bonuses, loyalty rewards, special promotions, event invitations and even tournaments. In the aftermath, Straub told a much different story than the helpful department heads. He went on to say were it not for a lack of liquor licenses , the property would have opened. While he was ready to open without a casino, he decided against opening a casino with no liquor.

Straub said once he got the licenses, TEN could open in just 24 hours. Unsurprisingly, the battle between Atlantic City lawmakers and Straub continued into the new year. At the meeting, Straub spoke with the press and assured the hotel would be opening without a casino component on Feb. In February of , the lights atop the property were on for the first time since closing. Despite being closed for 18 months , the property remained in decent shape.

Straub continued to suggest a summer opening was imminent. The summer came and went with no developments. Feuds over permits continued to delay developments. In September, Straub revealed a new name for the property: Straub was still lacking the certificate of occupancy necessary to officially open. TEN earned a temporary certificate in October.

Straub and Revel began court proceedings to finalize the sale at the start of the year. Continued legal disputes and ongoing negotiations about the power plant supporting Revel delayed the official sale several months. Straub renamed the property Polo North and assured it would reopen by the summer. It was unclear exactly what the property would be, however. Straub offered several possibilities for the site, including an equestrian center, ropes course, academic institution for geniuses, water park, medical tourism facility and think tank.

He and the company claimed local government and bureaucracy were slowing down efforts to reopen the property. The changes in day-to-day operations did little to turn things around for Revel. In June the company filed for a second bankruptcy and warned that closure might be on the horizon. Revel repeatedly ran into trouble finalizing a sale for even a fraction of the initial cost of the property.

As a result, the property closed on Sep. Glenn Straub, the second-highest bidder, challenged the sale. Straub declared the auction was unfair and improper. Straub filed an appeal that ended up not being necessary. A dispute over a power plant led to Revel and Brookfield terminating the sale. Why do we like Virgin? Simply put, it has some of the best online casino promotions around.

The new year was the same tune for Revel. Critics of DeSanctis pointed out the biggest issue was the New Jersey casino was not successful getting people to gamble. As a result, the casino filed for Chapter 11 in February. Christie tried to remain positive about the news. If they thought that there was no future there, they could close Revel down. Initial rumors suggested the company was looking for an existing Atlantic City operator to purchase the casino. The problem was the price tag.

Revel slashed hotel room rates, added a smoking section, and took a more welcoming approach to the typical Atlantic City slots-playing clientele. It was a positive start to the year for Revel. The creation of 10, new jobs was a cause to celebrate, especially for Christie. On January 12, , Polo North announced it had completed purchase of the Energenic power plant, and introduced heat and full electricity back to the Revel.

Also in January, Straub announced his plans for the former Revel Resort, including a smaller casino, water park, and other family attractions. He initially planned to reopen the resort on June 15, On the night of February 29, , the signature Pearl at the top of Revel was lit for the first time since the resort closed. Straub also said he expected to have hotel rooms ready to go and most, if not all, of the property's restaurants up and running, stating that the restaurants' owners had been wanting to reopen since the property originally closed.

Additionally, he stated the reopened resort would not be named Revel, but he had yet to decide on a name. The officials also said that clubs were ready but HQ was not part of the reopening plan; the swimming pools were in good condition; there were at least guest rooms that were ready, clean and complete with bedding, artwork, lighting, and other fixtures; and that restaurants and gaming floors were ready to go. In addition, there was now a ropes course in the lobby.

However, as stated above, several bankruptcy court orders protected HQ's right to operate at the facility. Glenn Straub said a job fair was planned and that Polo North was looking to bring back as many former Revel employees as possible to the new Revel, and that it was ready to open as soon as possible.

As of June 13, , Glenn Straub announced plans to reopen the resort with a small casino, rope-climbing course, water park, a zip line, an e-sports lounge, equestrian facility, beach cabanas, and a bike endurance course in a section of the modern parking garage. Surfing, wind surfing, and scuba lessons would also be available. The new resort would also feature a room spa where guests could have medical beauty treatments performed.

In July, a white-sand beach area with pools and volleyball courts dubbed Nikki Beach will open in the former porte cochere area. Later in the year, ten restaurants were scheduled to open, along with a rock-climbing wall, three seat movie theaters, a skydiving course, and a heliport for high rollers to be flown to and from Revel. Staub gave a hint about the new name stating, "we have some Asian painters coming up with the artwork". Straub's team had not held a job fair or hired staff to run the operation, apart from the few facilities and security staff that were inherited with the purchase of the Revel in Straub said anyone who learned the resort was open, was welcome to check in.

In late January , online casino supplier GAN announced it will power an online gambling arm of the Ocean Resort Casino and anticipates the site's launching in On April 2, , it was announced that the resort will join Hyatt Hotels as part of their unbranded Unbound Collection. In May, casino officials confirmed a June 28th reopening date. However, after receiving approval from state gaming regulators, the property opened on June 27, In July , the Ocean Resort launched an online casino with over 50 available slot games.

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