Ocean Resort Casino, the newest casino in Atlantic City, is now open and taking bets! The casino is owned by Bruce Deifik, who purchased it from Glenn Straub for $200 million. Deifik is a Colorado-based real estate developer and investor who has been involved in the development of several casinos, including the Golden Nugget in Las Vegas.
The Ocean Resort Casino is located on the Boardwalk in Atlantic City, and features over 2,000 hotel rooms, a casino floor with over 100 table games and 3,000 slot machines, and a number of restaurants and bars. The property also includes a spa, nightclub, and retail space.
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The casino opened its doors on June 28th, 2018, after being closed for over two years. It is the first new casino to open in Atlantic City since 2014.
PRO TIP:When researching the owner of Ocean Resort Casino, it’s important to note that ownership has changed multiple times since its opening in 2018. Currently, the casino is owned by AC Ocean Walk.
So far, the casino has been a success, with Gaming Control Board data showing that it generated $9 million in revenue in its first week of operation. This is good news for Atlantic City, which has seen its gambling revenue decline in recent years.
The Ocean Resort Casino is just one piece of Deifik’s plans for revitalizing Atlantic City. He has also pledged to invest $50 million into upgrading the property and plans to add more hotel rooms, restaurants, and entertainment options in the future.
Only time will tell if the Ocean Resort Casino will be a success in the long run, but it is off to a good start thanks to its owner’s vision and investment.
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