It’s all about casinos in this week’s installment of Inside Gaming. Starting in Atlantic City, the purchaser of the old Revel Casino — now called TEN — has announced plans to reopen part of the property in June, two different casinos catch fire in Las Vegas (with no injuries, thankfully), and Connecticut tribes and others continue to battle over casino expansion in Connecticut.
Owner Announces Another Opening Date for TEN
This week Glenn Straub, owner of the former Revel Casino in Atlantic City that closed in 2014 and has been renamed TEN, announced a plan to open the hotel-only portion of the property on June 15.
“If that sounds familiar, it is,” reports the Press of Atlantic City, adding that Straub made a similar announcement last year about a June 15, 2016 opening. He also previously announced a plan to open in February of this year.
Straub remains optimistic, however, and on Tuesday explained there would be 1,500-2,000 rooms open with a $4 million computer system up and running in the hotel.
However, before TEN can open Straub will still have “to meet several Casino Reinvestment Development Authority conditions, including providing a landscaping plan and traffic study,” neither of which have been provided.
Meanwhile Straub has not obtained a casino license, and has hopes that the New Jersey Superior Court will waive that requirement for his company as he has leased casino operations to another party. With that case still being decided, Straub wants to move ahead with the opening of the hotel.
Straub purchased the property in August 2015 for $82 million. Since then “Straub claimed it would open on several occasions. After each missed deadline, the wealthy developer claimed state and local agencies were holding up the opening.”
Visit the Press of Atlantic City for more regarding Straub’s plans