New Jersey Senator Ray Lesniak has introduced a new legislation that would reportedly make it easier to open Atlantic City’s TEN Casino, a short time after its owner Glenn Straub was told by the New Jersey Casino Control Commission (NJCCC) that he would need a New Jersey license before he is allowed to launch the property. According to the proposed state senate bill S3001, hotel owners in Atlantic City will be allowed to lease portions of their hotels to casino operators if “certain circumstances” are met.
Back in 2015, Straub bought the former $2.4 billion Revel Casino through a bankruptcy court for $82 million. The casino hotel was rebranded as TEN Casino this September and former executives from the Trump Taj Mahal were hired to help run the 6-million square feet property…