Court papers filed on Monday indicate a Los Angeles developer wants to buy the Revel Casino Hotel. The Shomof Group, headed by developer Izek Shomof reportedly made an offer of $80 million for the bankrupt casino property, after a U.S. Bankruptcy Court judge let Revel terminate a sale to Florida developer Glenn Straub. The court…
An Atlantic City man admitted to engaging in a conspiracy to distribute heroin with several members of the “Dirty Block” criminal street gang. The U.S. Attorney’s Office announced that Ronald Davis, a/k/a “Black,” 29, pleaded guilty in Camden federal court to a superseding information charging him with one count of conspiracy to distribute and to…
This week you can try all of your favorite restaurants in Atlantic City. The resort is hosting its annual restaurant week from Mar. 1 to Mar. 7. Meal prices are $15.15 for lunches and $33.15 for dinners. The annual event has become a huge draw for Atlantic City and many of the top restaurants have…
The Hard Rock Cafe in Atlantic City may be closing this year. The Press of Atlantic City reports that the company filed to lay off its entire 70 workers by April 22. The Hard Rock Cafe is inside of the Trump Taj Mahal, which has had financial issues and dealing with reports of a possible…
After many negotiations and court dates, it appears that the Revel hotel-casino sale with Glenn Straub may actually take place. Multiple sources report that the Florida real estate developer will purchase Revel for $82 million cash, a number that is over $13 million below the first proposed sale. The deal is scheduled to close March 31,…
A majority of state residents are behind a plan by Gov. Chris Christie to put an emergency management team into place in Atlantic City. The Rutgers-Eagleton poll says that 57 percent of state residents approve of the plan to put an emergency management team in place. Nearly two in three in the state believe Atlantic…
A bankruptcy judge has ruled that a deal to sell the Revel Casino can be scrapped. This is the second time a deal has fallen through with the Revel Casino since entering bankruptcy. The latest deal was with Florida developer Glenn Straub. The ruling also says that Straub’s $10 million deposit can be kept in…
An Atlantic City Police Officer saved a man’s life who had overdosed. On Thursday at 2:19am, uniformed Police Officer Joseph Bereheiko, heard an emergency medical call about a possible heroin overdose. Officer Bereheiko was recently trained to administer Naloxone and immediately responded to the call in the 3500 block of Pacific Avenue. Within one minute…
The oldest casino in New Jersey is jumping into the digital age. Resorts will launch an online gaming platform. Resorts has partnered up with Sportech NYX Gaming LLC and expect to launch sometime this month. They join Borgata, Caesars, Golden Nugget and Tropicana to offer an online option. While internet gaming has helped, the numbers…
On Thursday afternoon a federal judge plans to issue a ruling on Revel Casino-Hotel’s request to void their deal with Florida businessman Glenn Straub. Revel officials claim that there are no acceptable offers for the Boardwalk complex and said liquidation is possible but not preferred. Straub met with Revel’s attorneys on Tuesday after a court hearing…