Glenn Straub, who bought the $2.4 billion resort from bankruptcy court last year for $82 million - or about 5 cents on the dollar - said Thursday that 900 hotel rooms will open on Wednesday. (AP Photo/Wayne Parry)ĪTLANTIC CITY - Revel, Atlantic City’s most spectacular casino flop, will begin to reopen Wednesday under new ownership that views gambling as only a tiny piece of the action. On Thursday June 9, 2016, Glenn Straub, the facility's new owner, said he will begin to reopen the resort, which shut down in 2014, under a different name on June 15, adding the casino portion could be open by late August. This Jphoto shows the exterior of the former Revel casino in Atlantic City, N.J.
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