Los Angeles

NJ Supreme Court rules against Ocean casino in COVID business interruption case
NJ Supreme Court rules against Ocean casino in COVID business interruption case
NJ Supreme Court rules against Ocean casino in COVID business interruption case
New Jersey's Supreme Court ruled Wednesday that an Atlantic City casino is not entitled to payouts from business interruption insurance for losses during the COVID-19 outbreak, determining that the presence of the virus did not constitute the kind of “direct physical loss or damage” required for such a payout.
More Revel Drama
The saga of trying to find a new owner for the failed $2.4 billion closed Revel casino continues as a developer from Los Angeles is now apparently interested in buying the facility out from under Glenn Straub.

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