Deadline Set to Close Revel Deal
Today is the deadline to finally close the $82 million Revel Casino Hotel deal in Atlantic City.
A federal judge approved the blockbuster deal on Monday. Glenn Straub the new Revel owner hopes to open the now closed casino by the summer. Some of the plans for the new Revel include: a waterpark, a casino-resort, an international equestrian hub and a university. The deal also allows tenants and restaurants to stay on the property.
The outdoor lights were turned on at Revel yesterday. Check back for more Revel updates.