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Rescue attempt may be underway For Revel AC Deal
Sunday November 23 ,2014 : CAN THE REVEL DEAL BE SAVED?
Conflicting reports indicate a rescue attempt may be underway.
There have been conflicting reports in US media regarding the announcement by Brookfield Asset Management that it has been unable to satisfactorily resolve an energy debt problem over the Revel in Atlantic City and is reversing out of the $110 million acquisition agreement for the property
Brookfield itself has not commented beyond its announcement, but legal representatives for Revel claim that vigorous efforts, including a meeting next week, are in progress to save the deal.
Further muddying the water is a claim by another interested buyer, Florida developer Glenn Straub, that Brookfield's decision to walk away from the deal is not cast in stone and is merely a negotiating tactic which the media have been duped into supporting.
As it is unlikely that Brookfield would have taken a competing rival (Straub is still interested in Revel and has appealed against the successful Brookfield bid) into its confidence, the likelihood is that Straub's claim is at best speculative.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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