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Tag Archives: Luxor Capital Group

US – Luxor’s financial package for Ocean Resort approved by New Jersey Casino Commission

The New Jersey Casino Control Commission has approved the financial deal that will see Ocean Resort Casino be taken over by Luxor Capital Group. The Commission unanimously approved an agreement between Bruce Deifik, the property’s main owner, and Luxor Capital Group. Casino Control Commission Vice Chairwoman Alisa Cooper said: “This property has clearly had a…

US – Luxor Capital Group named as buyer behind Ocean Resort Casino

New York hedge fund Luxor Capital Group has been confirmed as the new owner of Atlantic City’s Ocean Resort Casino. Luxor Capital will take over the ownership interest of Bruce Deifik once it receives the green light from the New Jersey Gaming Board to own a casino. It will then invest $70m in new strategic…