{"id":8736,"date":"2015-03-12T16:06:39","date_gmt":"2015-03-12T16:06:39","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2015\/03\/12\/what-could-happen-at-revel-casino-sale-hearing\/"},"modified":"2015-03-12T16:06:39","modified_gmt":"2015-03-12T16:06:39","slug":"what-could-happen-at-revel-casino-sale-hearing","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2015\/03\/12\/what-could-happen-at-revel-casino-sale-hearing\/","title":{"rendered":"What could happen at Revel casino sale hearing"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\nATLANTIC CITY, N.J. (AP) \u2013 They\u2019ll be back at it again in a Camden courtroom Thursday morning as a bankruptcy court judge considers \u2013 for the fourth time \u2013 a proposed sale of Atlantic City\u2019s former Revel Casino Hotel.<\/p>\n<p>\tJudge Gloria Burns is due to consider the proposed $82 million sale of the $2.4 billion casino to Florida developer Glenn Straub.<\/p>\n<p>\tBut that\u2019s just one of several things she could do.<\/p>\n<p>\tShe could give Revel AC more time to court potential buyers. Two would-be purchasers have expressed interest recently: Los Angeles developer Izek Shomof, and New York private equity investor Jeffrey Keating.<\/p>\n<p>\tOr she could scrap the whole process and appoint a trustee to liquidate Revel.<\/p>\n<p>\tRevel closed in September after just over two years of operation during which it never turned a profit.<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<p>No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTIC CITY, N.J. (AP) \u2013 They\u2019ll be back at it again in a Camden courtroom Thursday morning as a bankruptcy court judge considers \u2013 for the fourth time \u2013 a proposed sale of Atlantic City\u2019s former Revel Casino Hotel. Judge&#8230;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8736","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=8736"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8736\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=8736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=8736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=8736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}