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Tag Archives: Ocean Resort

US – Ocean Resorts to build new sports betting and gaming venue

Ocean Resort Casino will begin construction in March of a new venue that will blend an entertaining bar, lounge, and gaming experience with sports wagering. Following last year’s $15m casino floor redesign, today’s announcement confirms Ocean’s position as the East Coast’s premier gaming destination. The $4m concept is scheduled to make its debut this summer with…

US – Owners of Detroit’s MotorCity make play for half of Atlantic City’s Ocean resort

Luxor Capital Group, the New York hedge fund that owns Atlantic City’s Ocean Casino, is selling half of the Atlantic City property to the Ilitch family, owners of the Detroit Tigers baseball and Red Wings hockey teams, the Little Caesars pizza chain, and Detroit’s MotorCity Casino. The Ilitch family has already applied to the New…

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 – Change of ownership as Ocean Resort looks to stay afloat

After just six months of completing its transformation from Revel into Ocean Resort Casino, the troubled Atlantic City casino is changing ownership again. Bruce Deifik, the man behind the launch of Ocean, did not identify the new company, but did reveal it would make a $70m into the property. Mr. Deifik will keep a small…

US – New Jersey takes $16.4m in sports bets in two weeks

New Jersey’s casinos generated $16.4m in sports bets during the first two weeks that sports betting was legal in the state. That total came from just two casinos; Borgata and Ocean Resort, the latter of which was only open for two days during the period, and a racetrack; Monmouth Park, who reported a cumulative total…

US – Ocean Resort opens in Atlantic City

After months of anticipation, executives from AC Ocean Walk, Ocean Resort Casino and Hyatt joined Atlantic City Mayor Frank Gilliam, New Jersey Senator Chris Brown, Director of the New Jersey Division of Gaming Enforcement Dave Rebuck, and actor Mark Wahlberg for a ceremonial ribbon cutting to celebrate the official opening of the 1,399-room Ocean Resort…

US – Advantage IGT at Ocean Resort in Atlantic City

The Ocean Resort Casino in Atlantic City, New Jersey will open its doors with a gaming floor connected by IGT Systems solutions, including International Game Technology’s flagship casino management system (CMS), IGT Advantage. The soon-to-open casino will also feature a vast portfolio of notable IGT games such as Sphinx 4D Video Slots, Wheel of Fortune…

US – Continent 8 goes live at Ocean Resort Casino

New Jersey-licensed Continent 8 Technologies, the world’s largest online gambling data center and global network solutions provider, has opened a new data center at the Ocean Resort Casino in Atlantic City, New Jersey. This expansion is Continent 8’s second location in Atlantic City, responding to the demand generated by the passing of sports betting legislation…