Former Revel casino to delay opening
The TEN casino that was supposed to open on mid-June is set to delay the big day as it doesn’t have the required license.
US.- Glenn Straub, owner of the former Revel casino, now called TEN, said that he won’t meet the June 15 deadline that he had imposed to reopen the facility. The venue has been closed since September 2014.
“We are stubborn enough people. The casino is the hub of the wheel. There is no reason to open the property if it’s only half of a wheel,” said Straub on Thursday. Whilst he’s still planning on opening the faclity, Mayor Don Guardian said that a number of investors expressed interest in the property in the last couple of months, as Press of Atlantic City reported.
The state Casino Control Commission ruled on February that Straub needs to obtain a casino licence despite he argues that he doesn’t. His argument is based in the hiring of Connecticut developer Robert Landino to run the casino and he is suing New Jersey’s regulators for it. This allegation has been answered with a statement which indicates Straub still retains sufficient control over the property in order to need a license.
The news outlet confirmed that Guardian said that he doesn’t think the property would open next week. “I’m here certainly if I can help him either open it or sell it,” he added.
