Revel casino deal in jeopardy
The Florida developer in line to buy Atlantic City’s former Revel casino hotel is threatening to walk away from the deal if a court ruling goes against him.
Glenn Straub is buying the casino for $95.4 million, but tenants at the site are appealing the deal, claiming they stand to lose millions if it goes through.
A federal judge is expected to rule on that request Wednesday.
WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.