New Revel owner: 'No way' casino reopens this summer

The new owner of Atlantic City's former Revel resort says there's "no way" its casino will reopen this summer.

Glenn Straub says it's doubtful whether any of the non-gambling attractions can be re-opened by Labor Day, but adds he hopes to open an indoor water park there by November.

He made his comments following a federal court hearing Tuesday at which he and utility company ACR Energy agreed to continue temporary electrical service, even as he works toward getting an alternate power supplier at the site.

A literal power struggle between Straub and ACR has been keeping it from at least partially reopening this summer.

The utility says it fears damage to its expensive equipment inside Revel.

Straub bought the $2.4 billion complex for $82 million out of bankruptcy court.

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