In this Jan. 11, 2017 photo, developer Glenn Straub speaks to reporters after a hearing at the New Jersey Casino Control Commission in Atlantic City N.J. while he still owned the former Revel casino. Straub is the only one of the property's three owners to turn a profit from it _ and it was never open while he owned it. Now called the Ocean Resort Casino, the property is being taken over by a New York hedge fund, and has been losing money every month since Sept. 2018.
In this Jan. 11, 2017 photo, developer Glenn Straub speaks to reporters after a hearing at the New Jersey Casino Control Commission in Atlantic City N.J. while he still owned the former Revel casino. Straub is the only one of the property's three owners to turn a profit from it _ and it was never open while he owned it. Now called the Ocean Resort Casino, the property is being taken over by a New York hedge fund, and has been losing money every month since Sept. 2018. Wayne Parry AP Photo
In this Jan. 11, 2017 photo, developer Glenn Straub speaks to reporters after a hearing at the New Jersey Casino Control Commission in Atlantic City N.J. while he still owned the former Revel casino. Straub is the only one of the property's three owners to turn a profit from it _ and it was never open while he owned it. Now called the Ocean Resort Casino, the property is being taken over by a New York hedge fund, and has been losing money every month since Sept. 2018. Wayne Parry AP Photo