Glenn Straub

In a major exclusive, Townsquare Media's Harry Hurley has confirmed the following incontrovertible facts that will dispel the many rumors that have been circulating for more than a year regarding Revel Hotel & Casino - and details on when it may reopen.

In a long battle in court, Revel tenants such as the HQ Nightclub finally got the ruling they wanted.

Just when you thought the electricity was an issue.

The last time I was at Bader Field, I was sliding down slides and running through obstacle courses at the Insane Inflatable 5k.  Since then, I just drive by it when I head to work.  It sits there, empty.

We originally thought that Stockton University was going to operate an island based campus and private hotel at the property formerly known as Showboat.  That operation was delayed due to a 1988 covenant, which required the property to operate as a casino.  Today, things could get even more interesting.

As a bankruptcy court judge approved the sale of Revel to a Florida real estate developer, Stockton University students protested in front of its neighbor over Trump Entertainment's disapproval of turning Showboat into a college campus.

An 88 Million Dollar offer may be on the table for Revel, and it would honor all of the tenants and restaurants.

In what has been a roller coaster ride for the vacant Revel Casino, Florida Real Estate Developer Glenn Straub may come out as the new owner of the glass tower after all.

So now we go back to square one?

Florida Real-Estate developer Glenn Straub expects to close a deal with Revel Casino within the next thirty days.

A proposed 94.4 million dollar sale has been approved.

Could Straub be back?