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A table games sign and chips on a table at the Revel casino in Atlantic City
A table games sign and chips on a table at the Revel casino in Atlantic City (AP Photo/Wayne Parry)
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Deal closes on sale of ex-Revel casino – Straub new owner

ATLANTIC CITY (AP) -- Revel, the billion-dollar resort bust that was once widely viewed as the potential savior of Atlantic City's struggling casino industry, is getting a second chance as part of a Florida developer's ambitious plan to remake the East Coast gambling resort into a destination for bettors and tourists alike.

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Iranian President Hassan Rouhani speaks in a news briefing at the Saadabad palace in Tehran April 3.  (AP Photo/Ebrahim Noroozi, File)
Iranian President Hassan Rouhani speaks in a news briefing at the Saadabad palace in Tehran April 3. (AP Photo/Ebrahim Noroozi, File)
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Iran nuclear framework may sideline hard-liners there

TEHRAN, Iran (AP) -- As Iran's nuclear negotiators returned home with the framework of a deal with world powers, joyous revelers joked that "still, there is no whiskey" in the Islamic Republic, a jab at its theocratic government. But hard-liners here aren't laughing.

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The Showboat Casino Hotel, left, and the Revel Casino Hotel along the Boardwalk in Atlantic City
The Showboat Casino Hotel, left, and the Revel Casino Hotel along the Boardwalk in Atlantic City (AP Photo/Mel Evans, File)
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Straub puts up $26M for ex-Showboat casino, eyes $500M plan

ATLANTIC CITY, N.J. (AP) — A Florida developer who's buying Atlantic City's former Revel casino has put up $26 million for another shuttered casino next door and announced plans for a half-billion dollars' worth of redevelopment projects in the struggling seaside gambling resort.

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The Showboat Casino Hotel, left, and the Revel Casino Hotel along the Boardwalk in Atlantic City
The Showboat Casino Hotel, left, and the Revel Casino Hotel along the Boardwalk in Atlantic City (AP Photo/Mel Evans, File)
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Judge OKs sale of Revel casino to Florida developer

Three years to the day after Atlantic City's $2.4 billion Revel casino opened -- and seven months to the day after it closed -- a bankruptcy court judge approved its sale to a Florida developer for about 4 cents on the dollar.

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Category: Money & Business Tags:
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City (AP Photo/Mel Evans)
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Revel buyer interested in other Atlantic City properties

CAMDEN, N.J. (AP) -- The Florida developer trying to buy Atlantic City's former Revel casino said Thursday that he's interested in acquiring other properties in and around the resort town.

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