Revel

A bankruptcy judge has approved the sale of the former Revel Casino Hotel for 5 cents on the dollar to Brookfield Asset Management for $110 million.

A Canadian company that won a bankruptcy court auction for Revel plans to re-open it as a casino.

Glenn Straub, the Florida investor who wants to buy Revel for $90 million cash, appears to be inching closer to owning the closed casino.

Based upon filings with the state, the total gaming win from casino hotels in Atlantic City open for the entire month of August and internet gaming operations was $289.9 million in August, 2014, compared to the $263.6 million in casino win for August, 2013, reflecting a 10% increase.

Reports say Revel could be purchased by a Florida investor for $90 million.

Despite three casino closures in a matter of weeks, Atlantic City's mayor isn't too concerned with a potential spike in crime locally.

Is another Atlantic City casino facing big financial problems?

Workers laid off by Revel and Showboat are facing an exceedingly tough job market, driving many to look for work outside of New Jersey.

The Labor Day weekend proved a difficult one for employees of Showboat and Revel Casino Hotel, leaving thousands unemployed.

In response to the recent closures of Revel and Showboat in Atlantic City, a one-stop resource center opens its doors Wednesday to the thousands left without a job.