The owners of Atlantic City's former Revel casino hope to sell it "soon," even as they seek an extension through the end of June to wrap up its bankruptcy case.
A power plant at the heart of two failed deals to sell Atlantic City's former Revel casino is seeking to block the latest attempt to sell the property.
Its sale already stalled and hanging by a thread, things have gotten even worse for Atlantic City's former Revel Casino Hotel as its sole utility supplier said it will cut off electricity, heat and water service to the building on Thursday unless its accrued debts are paid.
ATLANTIC CITY, N.J. (AP) -- A Canadian asset management company won a bankruptcy court auction for the failed Revel casino hotel in Atlantic City on Wednesday and plans to re-open it as a casino.