The complete history of $2.4 billion Revel Casino in New Jersey, which was supposed to revolutionize gambling in Atlantic City, but went belly up.
There’s now more evidence that owner Glenn Straub has sold his interest in the shuttered casino resort — the former Revel/TEN — in Atlantic City.
Since it seems like the latest rumored sale of TEN casino seems to have stalled, we look at some potential buyers who could stand to own the NJ property.
In one corner, we have the former Trump Taj Mahal. In the other, we have the shuttered TEN, formerly Revel. Which New Jersey casino will reopen sooner?
The list of suitors for the former Revel Casino in New Jersey is long, but is there as much value in the closed Atlantic City casino as they might think?
The New York firm that tried to buy Revel for $225 million instead bought the rights to develop the Atlantic City plot next to the closed New Jersey casino.