Ocean Location Casino Handed to a Completely new Owner 1 year after Former Sale

Ocean Location Casino Handed to a Completely new Owner 1 year after Former Sale

Ocean Holiday resort Casino is normally changing palms amid chronic reports that it really is threateningly near facing a do of its previous economic woes

The very property’s latest owner, Colorado-businessman Bruce Deifik, confirmed Monday that the house was in the being acquired by an out of doors investor only six months once its launching and less than just a year once being bought by Mister. Deifik him or her self.

The un-named investor plans to inject $70-million meant for property renovations to help the particular resort supercharge its general performance, which has been fewer than satisfactory as its launch. River will use the very funds to spread out a new buffet, add suites and suite, and improve its gambling establishment floor.

Say yes to needs acceptance from New Jersey gaming regulators. If it is in receipt of the necessary go-ahead, the property’s new manager and further information about their designs for its upcoming will be unveiled. Mr. Deifik will hold on to a noncontrolling interest with Ocean following the sale will be finalized.

Underwater Resort Online casino was one of two casino rental accommodations to open entrance doors on the the well-known teen Atlantic Metropolis Boardwalk in June 25, the other remaining the former Overcome Taj Mahal, now Tough Rock Hotel room & Gambling house Atlantic City. However , River, formerly Revel, failed to stay informed about its equals and it is gaming sales revenue remained on the bottom from the city’s playing pack. Leggi tutto “Ocean Location Casino Handed to a Completely new Owner 1 year after Former Sale”