Monday court hearing could speed sale of former Revel casino _ or bog it down even more

Industries Associated Press

A federal judge will listen to claims from tenants at the former Revel casino that their appeals should be heard before the casino is sold.

Continue Reading Below

Monday was supposed to be the deadline for Florida developer Glenn Straub to buy the bankrupt, shuttered casino for $95.4 million.

But he agreed late Sunday night to extend the sale closing date until the outstanding issues are resolved, or until the end of the month.

Straub had threatened to walk away from the deal if the sale was delayed.

Straub agreed to the extension hours after a judge put the sale on temporary hold so he could hear from the former tenants on Monday.