There have been some rumours about the objectives of Glenn Straub ever since he acquired the unsuccessful Revel Casino in Atlantic City a few years back. With everything not in favour of him, he didn’t really go through an easy transaction while buying the property. But later, everything worked out for him.
He purchased Revel Casino worth $2.4 billion for only $82 million in bankruptcy court. He had missed the two self-enforced limits to reopen the casino, holding bureaucratic red tape responsible for the act. Revel Casino has been shut down since September 2014. Initially, Straub possessed some doubtful intentions on starting up an online gambling site.
Eventually, Straub chose against this arrangement past dealing with the unlikable outcomes of attempting to obtain a license with the authorities. He is still struggling with them for obtaining a gaming license. The Casino Control Commission of New Jersey released a rule against him to acquire a license, regardless of leasing casino processes to a third party. Straub has declared to challenge the ruling in the court.
The Launch of TEN Online Casino
The former Revel Casino is recognised as TEN now. TEN social casino website was recently launched with a wide range of games like Dracula slot, which commenced the assumptions that Straub is inclining in the direction of real social money website. It is powered by GAN, a trading name of GAN PLC, a company based in London, UK. Hence, the casino is capable of presenting real money actions only if it is in a concurrence with a physical casino situated in New Jersey.
The site is named as play.tenacnj.com, which has made the local spectators analyzing as Straub’s predecessor to venture off in the real money website. It is only achievable if TEN Casino can attain the required license to associate with Straub as a land-based contributor. The site is not licensed or accepted by or recorded with the New Jersey Division of Gaming Enforcement. The site offers many popular games like Dracula Slot by NetEnt.
The Main Aim of TEN Online Casino
The login page of the site states the basic aim of opening a web casino, which is to let gamblers practice on the company’s slots online, to get ready for the land-based casino’s opening in the year 2017.
The games are made accessible to the customers on a free trial and customers may choose to buy added virtual credits for their handiness.
No Payouts, Only Credits Offered
The terms and conditions page of the site clearly mentions that the slot games do not provide any payouts or anything else which possesses an independent market value. The game functions in the way where players can purchase virtual credits with the real money to stay for long, once they run out of free trials. Virtual credits cannot be withdrawn, refunded, transferred or shared. And also, they have no cash value.
Games Offered at TEN online Casino
The games offered are a combination of:
- Person-to-person or multi -player games
- Single-player games
The games are supplied for amusement purpose only and do not give chances to win prizes, goods or real money.
There are many slot games offered like African Diamond, Total Meltdown, Eagle Bucks, China Shores, Mustang Money King of Bling and Dracula Slot.
There are also table games offered like Poker Bet, Roulette Royale and Hi-Lo Solitaire.
The casino features VIP games which are reserved for VIP players of the TEN Casino. You must contain a minimum amount of $20,000 Credits in your online account to become a VIP player.
The casino can be accessed by the residents of the US only who are at least 21 years.