🎰 Luxor Capital to own Atlantic City’s Ocean Resort Casino
Most Liked Casino Bonuses in the last 7 days 🎰
Only a year after purchasing the former Revel casino and six months after reopening it as the Ocean Resort, Revel Atlantic City, New Jersey.
Enjoy!
A Colorado developer intends to reopen the defunct Revel Casino & Resort this summer under the new name, Ocean Resort Casino, now that.
Enjoy!
The operator has struggled to gain market share in the city since reopening the former Revel Casino Hotel, but said the new investment will.
Enjoy!
🍒 Ocean Casino Resort
Built for $ billion, the former Revel reopened as the Ocean Resort on June 27, the same day as the competing Hard Rock Hotel & Casino in.
Enjoy!
Facing immediate competition from the new Hard Rock Casino, Deifik's Ocean Resort hemorrhaged money from the start, and never showed a.
Enjoy!
March 26, Revel gets its casino license from New Jersey. the former Revel Casino Hotel and a court order barring the property's owner.
Enjoy!
Built for $ billion, the former Revel reopened as the Ocean Resort on June 27, the same day as the competing Hard Rock Hotel & Casino in.
Enjoy!
The operator has struggled to gain market share in the city since reopening the former Revel Casino Hotel, but said the new investment will.
Enjoy!
A New York hedge fund that lent money to Atlantic City's Ocean Resort Casino is assuming ownership of it. sports-betting market · Ocean Resort Casino to change hands again barely a year after former Revel's last sale.
Enjoy!
The operator has struggled to gain market share in the city since reopening the former Revel Casino Hotel, but said the new investment will.
Enjoy!
Community Rules apply to all content you upload or otherwise submit to this site. The casino plans to use the new funds to open a buffet, additional suites and rooms, and investments on the casino floor. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. All rights reserved About Us. He and his management team said they were confident they had fixed what went wrong with Revel. The Taj Mahal reopened as Hard Rock last year. By The Associated Press.{/INSERTKEYS}{/PARAGRAPH} Deifik decided to buy the casino sight unseen just over a year ago on the recommendation of his advisers, and set about renovating it, adding an indoor golf facility and one of the state's most extensive sports betting facilities. He took over Ocean Resort with far less debt than what sank Revel. Ocean Resort was one of two formerly shuttered casinos that reopened the same day last June, along with Hard Rock. Ad Choices. The property formerly known as Revel is being acquired by an outside company that will make a major investment into it. Nichols For NJ. Deifik and his family will retain a small, non-controlling ownership interest in the property. Deifik reconfigured the maze-like casino floor, allowed smoking on it again, welcomed gamblers of all income and playing levels, and placed a premium on customer service. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. But the casino's gambling revenue remained near the bottom of the pack along Atlantic City's nine casinos. The new owner would need to be licensed by state gambling regulators and its identity made known before that. {PARAGRAPH}{INSERTKEYS}Lori M. The revival of the two casinos immediately raised questions as to whether Atlantic City was making the same mistake that led to the first wave of casino shutdowns: having too many casinos for them all to thrive. Bruce Deifik, the current owner, would not identify the new company, which would assume majority ownership of the casino. The transaction is expected to be finalized Thursday.