Parts of Revel Could Open in Weeks
A bankruptcy judge will approve an auction for the now closed Revel Casino Hotel.
Judge Gloria M. Burns gave the go ahead to an auction on September 24th. Glen Straub, a real estate developer from Florida made a $90 million cash offer on the $2.4 billion dollar casino.
A lawyer for Straub says parts of Revel could open within weeks if this thing goes through quickly. No other qualfied bids have been recieved for Revel.