Hearing to reopen Revel casino gets postponed

revel

Straub believes that he doesn't need a casino license.

The megaresort will have to wait to see if they need a casino license to operate its services.

US.- The Atlantic City mega resort TEN, formerly known as Revel casino, was supposed to see a resolution that would determine if it can reopen its doors again to operate gambling services, but a last-minute change forced the postponement of the hearing.

Glenn Straub, owner of the New Jersey casino project TEN, believes that he would not need a costly casino license since he would give away the services to a third party. Back in November 2016, he sued the state’s gaming Control Commission n order to set the conditions to open the new gaming venue without a proper licensing process. “This agency was prepared to handle both issues today so that this process can move forward without delay. But at 1:30 yesterday afternoon, the petitioner notified us of changes to the lease agreement and only filed final copies of the revised lease at 8:53 this morning.”

Straub believes that the commission has been delaying the opening of his facility: “You can never bring money into this city. It’s going to make all investors coming to Atlantic City think twice about it because of the red tape. Over two years of dealing with red tape.” Matthew Levinson, chairman and CEO of the Casino Control Commission, said: “The Division of Gaming Enforcement has worked diligently and the staff of the commission has acted quickly and professionally to address these matters. I can assure you, if there are any future delays in this matter, it will not be our doing.” No date to decide if Straub needs a license or not has been set yet.