CAMDEN - (AP) - A bankruptcy court judge says more time is needed to seek higher bids for Atlantic City's former Revel Casino Hotel.
Judge Gloria Burns delayed a decision Wednesday on the proposed $82 million sale of the shuttered gambling hall to Florida developer Glenn Straub.
She did so after Los Angeles developer Izek Shomof expressed interest in buying Revel, but for $2 million less.
Leo Pustilnikov, Shomof's partner, says he's interested in making a formal bid soon.
Burns says she's giving Revel AC and potential bidders time to work out the best possible deal for the shuttered casino.
A new hearing is set for March 12.
Two previous sales of Revel have fallen through.
The $2.4 billion casino closed in September after two years of operation, and never turned a profit.