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Multiple Buyers Interested in Revel Casino

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February 16, 2015

The pervious owners of the Revel Casino in Atlantic City have proclaimed to current buyer, Glenn Straub, that there are multiple buyers interested in the property.

A lawyer for Straub filed paperwork to bankruptcy court on Sunday. The papers state what was told to the Florida developer.

Representatives from Revel have not made a comment.

On Tuesday, both sides are scheduled to appear in front of the bankruptcy judge. The judge will make the decision on the $95.4 million sale.

However, the hearing may be postponed due to weather.

The original deadline for the sale was February 9. However, when Straub requested an extension to the deadline, it was denied by the judge.

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