{"id":1593,"date":"2015-04-07T17:44:48","date_gmt":"2015-04-07T17:44:48","guid":{"rendered":"http:\/\/atlanticcity.com\/news\/?p=1593"},"modified":"2015-04-16T01:25:15","modified_gmt":"2015-04-16T01:25:15","slug":"revel-sold","status":"publish","type":"post","link":"https:\/\/www.atlanticcity.com\/news\/revel-sold\/","title":{"rendered":"Breaking News. Revel  Casino  Atlantic City bought."},"content":{"rendered":"<h1 style=\"text-align: center;\">Revel Casino Sold, Finally<a href=\"http:\/\/atlanticcity.com\/news\/wp-content\/uploads\/2015\/04\/revel.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-1596\" src=\"http:\/\/atlanticcity.com\/news\/wp-content\/uploads\/2015\/04\/revel-300x281.jpg\" alt=\"Revel Atlantic City  sold\" width=\"426\" height=\"399\" srcset=\"https:\/\/www.atlanticcity.com\/news\/wp-content\/uploads\/2015\/04\/revel-300x281.jpg 300w, https:\/\/www.atlanticcity.com\/news\/wp-content\/uploads\/2015\/04\/revel.jpg 400w\" sizes=\"auto, (max-width: 426px) 100vw, 426px\" \/><\/a><\/h1>\n<p>Revel Atlantic City\u00a0casino \u00a0has been \u00a0sold \u00a0to Florida developer Glenn Straub.\u00a0The deal closed Tuesday \u00a0according \u00a0AP press \u00a0sources.<\/p>\n<p>Mr. Straub paid &#8220;only&#8221; $82 million for Revel\u00a0Casino, \u00a0a \u00a0mere \u00a0fraction \u00a0 of the \u00a0original \u00a0cost \u00a0of\u00a0$2.4 billion. \u00a0Not \u00a0exactly \u00a0pocket \u00a0change, \u00a0but the news is exciting for Atlantic City. \u00a0The casino was open \u00a0for \u00a0only \u00a02 years \u00a0before \u00a0closing down.<\/p>\n<h2 style=\"text-align: center;\">Revel Casino \u00a0was supposed to be a big hit&#8230;.<\/h2>\n<p>leading to its opening, but \u00a0this led to \u00a0dismay at its demise due to \u00a0many factors.<\/p>\n<h2 style=\"text-align: center;\">However \u00a0this \u00a0sale of Revel \u00a0could be the \u00a0jolt<\/h2>\n<p>in the \u00a0arm that Atlantic City needs. \u00a0Hey, there is \u00a0no place like AC \u00a0with beaches, boardwalk and casinos. \u00a0Give her \u00a0some time \u00a0and she will be back. This is just the beginning. We have \u00a0already spoken about the other \u00a0exciting news \u00a0with <a href=\"\/news\/atlantic-city-borgata-revamp\">Borgata<\/a>, Trop and Gardeners Basin revamping. However this was the big one \u00a0we were \u00a0waiting for.<br \/>\nYeah \u00a0we know that \u00a0a lot of us are pissed off at the city \u00a0with lots of complaints. But \u00a0every time \u00a0we go \u00a0here just walking on the boardwalk, breathing in the \u00a0ocean air makes us\u00a0feel \u00a0hopeful.<\/p>\n<h2 style=\"text-align: center;\">Atlantic City- the one and only<\/h2>\n<p>The rates \u00a0right now are dirt \u00a0cheap. \u00a0So stop \u00a0comparing \u00a0AC to \u00a0Vegas \u00a0thinking you will not get \u00a0a deal. \u00a0<a href=\"http:\/\/secure.atlanticcity.com\">Ballys<\/a>\u00a0\u00a0at $39.00? \u00a0Hey come on. \u00a0 On the boardwalk \u00a0yet. This is hard to walk away from. Don&#8217;t forget \u00a0about \u00a0all the good food and shows coming \u00a0up.<\/p>\n<p>Folks \u00a0there is no place \u00a0like Atlantic City on the east coast that offers all this. It will \u00a0continue to make \u00a0great strides. I remember South Beach <a href=\"http:\/\/florida.com\">Florida<\/a>, when they could not give away anything. Now you can not touch any property there, \u00a0except guys like Glen Straub.<\/p>\n<p>Folks AC is on the way back! \u00a0Stay \u00a0tuned for \u00a0more updates and great deals this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revel Casino Sold, Finally Revel Atlantic City\u00a0casino \u00a0has been \u00a0sold \u00a0to Florida developer Glenn Straub.\u00a0The deal closed Tuesday \u00a0according \u00a0AP press \u00a0sources. Mr. Straub paid &#8220;only&#8221; $82 million for Revel\u00a0Casino, \u00a0a \u00a0mere \u00a0fraction \u00a0 of the \u00a0original \u00a0cost \u00a0of\u00a0$2.4 billion. \u00a0Not \u00a0exactly \u00a0pocket \u00a0change, \u00a0but the news is exciting for Atlantic City. \u00a0The casino was [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6,7],"tags":[],"class_list":["post-1593","post","type-post","status-publish","format-standard","hentry","category-hotels","category-news","category-summer"],"_links":{"self":[{"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/posts\/1593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/comments?post=1593"}],"version-history":[{"count":0,"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/posts\/1593\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/media?parent=1593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/categories?post=1593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atlanticcity.com\/news\/wp-json\/wp\/v2\/tags?post=1593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}