The attorney for Florida developer Glenn Straub made a bold statement on Thursday after his client’s purchase of the bankrupt Revel Casino was approved. Attorney Stuart Moskovitz said that Straub would also purchase the former Showboat Casino Hotel from Stockton University, after their plans for an Island Campus were derailed by a 1988 covenant agreement. Moskovitz reportedly said that the sale of the Showboat is “definitely” closing Friday. The Press of Atlantic City reports that Straub said last week he had the money to buy Showboat and predicted an announcement by April 3rd, that would show how his two casino purchases would be tied together.
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