Glenn Straub sues New Jersey

New Jersey gaming regulators were sued yesterday by owner of Revel Casino.

US.- Glenn Straub, owner of the New Jersey casino project TEN, formerly known as Revel Casino, has sued the state’s gaming Control Commission yesterday in order to set the conditions to open the new gaming venue without a proper licensing process. According to Straub, TEN would not need a costly casino license.

“Mr. Straub has spent a lot of time, effort and money in trying to make Atlantic City great again,” explained his lawyer, David Stefankiewicz, quoting the elected US president campaign, Donald Trump. “He remains ready, willing and able to open the casino.” As the businessman added, during the filing of the lawsuit in Atlantic County Superior Court, the Casino Control Commission has been inactive with his petition to avoid the casino license process.

As the Commission did not answer Straub’s petition, the casino mogul considered the authorities are violating the statutory requirements. “The CCC is putting Straub and his company through unnecessary red tape and delay. This is both puzzling and disappointing considering that the future of Atlantic City is hanging by a thread and thousands of people are out of work. Instead of creating roadblock after roadblock, the agency should be doing everything in its power to facilitate getting this casino opened. Doing business here should not be this hard,” expressed David Stefankiewicz.

TEN casino would open its doors next year, Straub’s company have innovated the gaming venue after he bought the US$2.4 billion former Revel for just US$82 million in bankruptcy court. The owner of TEN commented that the casino would be operated by a third-party vendor, so it is not necessary for him to apply for the expensive license. “The commission has not been served with this lawsuit. When it is, the commission will respond in the appropriate forum.  It would not be appropriate for the commission to comment on pending litigation in the media,” concluded Daniel Heneghan, spokesman for the Casino Control Commission.