Ten, formerly the Revel casino in Atlantic City, remains closed despite another announced opening date for this month by owner Glen Straub.
And further complicating things for Straub, a Superior Court Judge has placed a $62,641 lien on the property for unpaid 2015 Casino Reinvestment Development Authority Special Improvement District fees. The casino also owes those fees for 2016 and this year, according to a report in the Press of Atlantic City.
Straub, the Florida-based developer who acquired the closed casino through bankruptcy proceedings, has announced several opening dates for the former casino, but missed all of them. Most of the delays come as Straub and his company Polo North Country Club Inc. have failed to meet a host of regulatory approvals needed to open.
The biggest delay has come as the state’s Casino Control Commission has ruled that Straub must obtain full New Jersey casino licensing to re-open casino space at the property. Straub maintains he does not need licensing as he would simply lease the space to a casino company. The matter is still in the courts.
“We are stubborn enough people,” Straub told the Press. “The casino is the hub of the wheel. There is no reason to open the property if it’s only half of a wheel.”
The lien is a result of another Polo North revolt against the state authority over the fees, the Press reported. Judge Julio J. Mendez ruled that the company has 90 days to pay the money or it could face paying legal fees associated with the case.
Straub did not comment on that ruling.
