'A hundred thousand dollars - my polo team costs more than that a month,' he said. His voice quavering, Straub promised to fight the agency for years in court if it tried to insist on the payment as a condition of approval. On Tuesday afternoon, Straub got a key approval from the Casino Reinvestment Development Authority that moved it closer to getting final clearance to reopen - but only after Straub accused the agency of 'blackmail' by trying to tie the approval to a requirement that he pay $100,000 in assessments toward a special downtown business district. The new name could create some interesting wrinkles for gambling regulators and customers alike, including the prospect of having casino chips in the denominations of $1, $5, $25 and $100 stamped with the word 'Ten' in their center. 'It is the most spectacular resort that I have seen in my career and I am determined to make it a success.' 'I know what works and what did not, and would not have returned if not for Ten's strong forecasted financial model and all-star executive team,' Greenstein said. He has also hired Revel's former chief financial officer Alan Greenstein to fill the same role in the reopened Ten.
Straub, a Florida developer, also adopted the double-loop infinity symbol as the logo for the rebranded resort, which he bought out of bankruptcy court for $82 million, or about 5 cents on the dollar.
