There still may be hope for the Revel Casino Hotel in Atlantic City, which shut its doors earlier this month. Court papers filed on Wednesday show that Glenn Straub, a real-estate developer, is offering $90 million in cash to acquire the casino and resort, The Wall Street Journal reports. The $2.4 billion property closed following its second bankruptcy filing in as many years. It is unclear whether Straub would operate Revel as a casino, the article states, and any bid would be subject to the approval of the bankruptcy court.
