The sale of Atlantic City's shuttered Revel Hotel and Casino was hanging by the thinnest of threads on Wednesday after a U.S. bankruptcy judge denied a move to extend the closing date but left in limbo a motion to terminate the deal, Reuters reported yesterday. Bankruptcy Judge Gloria Burns put off ruling on whether Revel AC could terminate its deal with Florida developer Glenn Straub, who made a $95.4 million bid for the casino, which has never turned a profit since it opened in 2012 with a $2.4 billion price tag. Judge Burns will hear arguments on Feb. 17 about whether Revel can solicit a new buyer and keep Straub's $10 million deposit.
