Casino License for TEN

Glenn Straub turned a profit selling Revel Casino Hotel to Bruce Deifik for $200 million after buying it for $82 million from its original owners.

Glenn Straub, owner of the former Revel casino, is under criminal investigation by the Broward County State Attorney’s Office for allegedly placing fraudulent construction liens against the ranch and townhouse of a former girlfriend, according to the Miami Herald.

Straub told The Press of Atlantic City on Wednesday the claims are false.

According to the report, earlier this year Straub’s company put a $64,400 lien on the ranch of ex-girlfriend Jessica Nicodemo, 33, for fencing and road work that was not paid for. Straub put another lien on Nicodemo’s townhouse for unpaid work on a pool and patio, according to the report.

Nicodemo claimed in court papers she wasn’t expecting to be charged for the work because she and Straub were an item, according to the report.

“I didn’t know that she was a girlfriend,” Straub said. “There is no truth to the matter. To get back at us, she is saying that we excessively put too high a lien on her property. They can put anything in a lawsuit that they want.”

Following the liens, Straub tried to foreclose on both proprieties, according to the report.

The investigation comes as the future of Straub’s shuttered 6-million-square-foot Atlantic City casino property remains up in the air.

Straub bought the $2.4 billion Revel for $82 million in bankruptcy court in August 2015. Since then, he has repeatedly talked about reopening the property, and has set several deadlines for doing so, but it remains closed. Straub has blamed state and local officials for holding up the reopening of the project.

The building contains 13 restaurants, a 32,000-square-foot spa, 55,000 square feet of retail space and a parking garage with more than 7,000 spaces.

Contact: 609-272-7046 NHuba@pressofac.com Twitter @ACPressHuba

Sports Editor

Started working in newsrooms when I was 17 years old. Spent 15 years working for Gannett New Jersey before coming to The Press of Atlantic City in April 2015.

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

PLEASE BE ADVISED: Soon we will no longer integrate with Facebook for story comments. The commenting option is not going away, however, readers will need to register for a FREE site account to continue sharing their thoughts and feedback on stories. If you already have an account (i.e. current subscribers, posting in obituary guestbooks, for submitting community events), you may use that login, otherwise, you will be prompted to create a new account.

Load comments