A judge has approved the $82 million sale of the now-defunct Revel Casino in Atlantic City to Florida developer Glenn Straub.
The Associated Press reported that on Thursday Judge Gloria Burns approved the sale.
The sale is a 96 percent discount of the $2.4 billion it initially cost to build Revel in 2012. The announcement also came three years to the exact day the casino first opened its doors.
An appeals court blocked a previous approval by Burns to Straub for $95.4 million.
"We've spent six months where we could have been building Atlantic City," said Straub's attorney, Stuart Moskovitz. "We've been waiting for Godot instead of building Atlantic City, and Godot isn't showing up, with all due respect to any attorneys representing Godot."
As previously reported, the developer was in the running to purchase Revel since it closed in September.
For the past few years, the town dubbed as “America’s Playground” has been struggling to stay afloat and several casinos have been forced to shutter. The construction of regional casinos and an unstable economy have attributed to the closures.