Is 3rd time the charm for the attempted sale of Atlantic City's former Revel casino?

Associated Press

Will the third time be the charm for attempts to sell Atlantic City's former Revel Casino Hotel?

Its owners certainly hope so.

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A bankruptcy court judge in Camden on Wednesday is scheduled to consider — for the third time — an attempt to sell the shuttered gambling hall.

The latest sale is for $82 million to Florida developer Glenn Straub's Polo North Country Club.

A previous deal to sell to him for $95.4 million fell through when Straub missed a Feb. 9 deadline to close the deal.

And a Canadian firm scrapped a $110 million purchase of Revel in November.

Complicating things even further is an 11th hour bid by Los Angeles developer Izek Shomof to acquire Revel, despite a signed contract between the casino's owners, Revel AC, and Straub.