Revel Owner Sues New Jersey Over Casino Licensing Process

Daftar.VIP information, Revel Owner Sues New Jersey Over on line casino Licensing method - The owner of the shuttered Revel on line casino in Atlantic City has sued New Jersey gaming regulators over the licensing process.

According to a document from the related Press, Florida-based real property developer Glenn Straub is asking a courtroom to rule that he doesn’t need to accomplishing a full-fledged on line casino license because he won’t be the one working the on line casino enterprise itself. A separate group will be sellers the property.

Straub desires to reopen the assets in spring 2017, however his felony group of workers thinks there has been too tons red tape round him getting the critical state approval to do so.

The businessman bought the $2.4 billion on line casino for less than one hundred$ million in 2014.

“Mr. Straub has spent a lot of time, attempt and cash in trying to make Atlantic City great once more, his legal professional referred to. “He is still able, keen and able to open the casino.”

Straub’s license utility is still pending with backyard State gaming regulators.

If Revel reopens, it will be referred to as TEN, and Straub has mentioned that playing will only be a small element of the rebooted property’s business.

There have been a few false begins due to the fact Straub bought the belongings and indicated he was keen to easiest way reopen the on line casino. He threatened to abandon the assignment, however he additionally once thought-about changing it into a college and using it as transient housing for Syrian refugees.

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