ATLANTIC CITY, N.J. (AP) — Atlantic City’s former Revel casino is about to change hands.
After scarcely 9 months of wrangling, unsuccessful deals and watchful in vain for a aloft price, a sale is approaching to be finalized on Tuesday.
The shutting of a understanding will come a day after a failure decider rigourously certified a sale on a fifth attempt.
Florida developer Glenn Straub’s Polo North Country Club is shopping a casino, that cost $2.4 billion to build, for $82 million, or about 4 cents on a dollar.
Judge Gloria Burns entered a final sale sequence Monday morning after verbally commendatory a understanding final week. Straub’s attorney, Craig Galle, told The Associated Press a shutting will start on Tuesday.