For the second year in a row, Glenn Straub will miss TEN's June 15 opening day. Straub bought the Atlantic City casino 2.5 years ago and it has yet to open.
Happy anniversary, TEN!
The June 15 deadline carried significance for both Straub and Revel nee TEN. On that date last year, Straub also promised to open the casino’s doors.
What has changed in the past year is Straub’s optimism the casino hotel will open. On June 7 of last year, the Press of Atlantic City spoke to Straub, who believed he could open 40 percent of the casino despite not even having a finalized hotel operator. At the time, Straub expected slot machines would be the only available gambling.
This time around, Straub sang a much different tune to the publication.
“The casino is the hub of the wheel. There is no reason to open the property if it’s only half of a wheel.”
Straub is referring to his ongoing battle with the Casino Control Commission over whether or not he needs to obtain a casino license. Even though Straub wants to lease his casino space to another operator, the commission says he still needs a license. Straub is appealing the decision in court.
With no resolution, there can be no opening, grand or otherwise.
Unlike Christie, Atlantic City mayor still wants to help Straub
In April New Jersey Gov. Chris Christie was not shy about his frustration with Straub. The real estate developer bought the property at the start of 2015. Since then, the casino resort has yet to open its doors.
Christie made not-so-veiled references to Straub on a radio show appearance. Unlike some state lawmakers, Christie agreed Straub needed a license to own TEN, even if someone else leases the space from him.
Moreover, Christie said he hoped Straub would sell the casino since “he has not been able to deliver.” In his latest interview, Straub did indicate he would be willing to sell for the right price.
Atlantic City’s Mayor Don Guardian still seems sympathetic to Straub and his beleaguered hotel. Guardian is disappointed at the lack of progress, but not surprised. TEN failed to complete some basic precursors to opening and had no hiring push, so the latest missed deadline is not surprising.
Nonetheless, Guardian refuses to fall into the adversarial role Straub often paints for government officials. “I’m here certainly if I can help him either open it or sell it,” Guardian said.
In the meantime, TEN remains unopened, Straub remains unlicensed, and one of the more iconic buildings in Atlantic City remains nothing more than an eyesore.