The Press of Atlantic City reported on Tuesday that owner Glenn Straub has sold the property to the Colorado-based group AC Ocean Walk LLC who plan to reopen it this summer as Ocean Resort Casino. This week came another episode in the more than three-year-long saga of the Revel Casino Hotel in Atlantic City that closed in September 2014 just two-and-a-half years after its grand opening.
Closed Revel Goes for $200M, To Reopen as Ocean Resort Casino This Summer Also included are reports on recent thefts at Las Vegas casinos, a lawsuit against Pennsylvania’s new expanded gambling law, and recent revenue numbers for Maryland casinos. This week’s Inside Gaming starts with the announcement - finally! - of the sale of the closed Revel Casino in Atlantic City, with the new owners intending to reopen the property this summer.
