Revel casino sale closes as Florida developer buys Atlantic City asset
Glenn Straub's Polo North Country Club completed an $82 million purchase of Revel, the shuttered Atlantic City casino, after four failed sales. The buyer plans a $500 million redevelopment under Project Phoenix including Showboat, a satellite campus, and aviation facilities. The New Jersey gaming panel notes the license process is ongoing and tenant rights remain to be settled in bankruptcy court.
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New Jersey Division of Gaming Enforcement
Wheat and corn futures mixed in late trading notes
Market brief shows mixed wheat and corn quotes with May and Dec contracts. Open interest and sales figures for Peter Est. and Mon's indicate fluctuating activity. soybeans trading near 973 to 981 with various months listed.
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