Revel Casino Hotel, a multibillion-dollar casino resort in Atlantic City, is looking for a new owner.

The casino's current owners, Glenn Straub, and the Colorado-based group, have filed a sale deal with the Atlantic County office. AC Ocean Walk LLC has expressed its intention to buy the long-closed Revel, according to the document. The buyer inquired about a document in TenACJN, Colorado-based, which asked who the price was listed in the document.

On August 31 of this year, Glenn Straub announced the sale, and the owner of the missing Rebel Casino Hotel agreed to sell it to the Colorado-based company. Local journalist Press of Atlantic City reports that the Libel acquisition includes casinos and power plants. According to a recent update, the two companies submitted settlement notices, and current owner Glenn Straub declined to recognize the existence of such documents.

According to the settlement notice submitted to the local authority, Integrated Properties, Inc. represents the buyer. According to the official website, the company is a real estate development company founded by Bruce Daypick in 1990. When the deal is closed, the company will manage and activate the closed property. After the property was shut down, Mr. Straub announced on several occasions that the property would reopen, and even a deadline emerged to resume key management of New Jersey casinos.

The Unfortunate Past of the Rebel Casino Hotel
Mr. Straub bought a casino property for $82 million in 2015. Casino resorts offer both gambling and non-gambling entertainment. Just two years later, the casino looked unprofitable and the owner had to file for a second bankruptcy. After the casino closed, Mr. Straub announced Revel's reopening deadline several times, but Mr. Straub, who argued with gambling regulators, did not make things worse.

Rumors of a possible sale of a closed gambling house have surfaced more than once, but Revel's ownership has not changed. Not long ago, Atlantic City Mayor Don Guardian advised Mr. Straub to sell the property. Officials explained that the closed casinos are of no use to the city. The Guardian explained that the opening of the casino resort is aimed at boosting the local economy and lowering unemployment.

In mid-July this year, New York-based Digital Launch offered $220 million to buy casino properties, but Mr. Glenn rejected that offer. It is not yet clear whether Revel has a new owner or if the existing well-known scenario repeats.  바카라사이트