The Florida developer who entered the first bid in an auction for Atlantic City, New Jersey's Revel Casino Hotel, which closed its doors this month, said yesterday that he plans to challenge the results if he loses, because the process lacked transparency, Reuters reported yesterday. The comments, by Glenn Straub, come as the auction for Revel, Atlantic City's newest casino complex, is scheduled to resume today. The auction started last week with a $90 million cash bid by Straub but adjourned for the Jewish Rosh Hashanah holiday. Straub complained the bidding lacked transparency and he did not even know how many qualified at last week's bid deadline, or how their proposals were being valued. Revel's attorney, John Cunningham with White & Case, called the allegations "entirely false."
