Atlantic City’s closed Revel casino is still in play as a bankruptcy court judge did not approve an $82 million sale to Florida developer Glenn Straub and urged the property owners to keep soliciting buyers. Los Angeles Developer Izek Shomof, is apparently also interested in buying the former casino.

U.S. bankruptcy Judge Gloria Burns did not approve what seemed like a done deal to sell the property to Florida developer Glenn Straub. Straub placed a $10 million deposit during a bankruptcy auction and hoped to close a sale with the casino owners for the bargain price of $82 million.

Straub’s initial auction bid was $95.4 million, but that deal was never completed as several factions, including tenants and the site’s main energy provider, took the issue to court.  Judge Burns never entered a final order terminating the sale, allowing for further negotiations.

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