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Revel AC Inc., the bankrupt Atlantic City casino, is hoping to be third-time lucky after it won a court’s permission to scrap its second attempted sale and try once more to find a buyer, Bloomberg News reported yesterday. If the company strikes out, it could be game over for the casino which has suffered along with the rest of the seaside New Jersey town as gamblers are drawn to venues in neighboring states. Revel representatives have said the company could be forced to liquidate if it can’t attract a buyer within five months. Bankruptcy Judge Gloria Burns at a hearing yesterday in Camden, New Jersey, gave the company permission to cancel its $95.4 million deal with Florida real estate investor Glenn Straub. She also ruled that Revel can keep the bidder’s $10 million deposit, which will be held in escrow.

RadioShack Corp.’s proposed bankruptcy financing cleared court yesterday as the retailer continues the process of racing to sell out and shut down some 1,100 stores by the end of the month, the Wall Street Journal reported today. Up to 2,100 RadioShack stores won’t survive the chapter 11 bankruptcy, the company has said. Going-out-of-business sales began Friday at more than 1,700 stores across the country as RadioShack began the process of trimming its collection of more than 4,000 outlets. Liquidators kicked off the process over the weekend by marking down merchandise, seeking to clear out stores as soon as possible so that new tenants can take over. A&G Realty Partners LLC yesterday started shopping around those leases to restaurants, shoe stores, jewelry shops and other retailers that would likely be in the market for a small-format location.