In New Jersey, the state gambling regulator has reportedly agreed to a complicated agreement that’s to eventually see a private equity fund presume a vast majority stake in Atlantic City’s fighting Ocean Resort Casino. Increasing stake: [...]
In New Jersey, the state gaming regulator is reportedly scheduled to meet later today in order to decide whether it should approve an interim deal that would finally result in a private equity fund taking over control of the fighting Ocean Resort Casino. [...]
In New Jersey, the businessman behind the struggling Ocean Resort Casino has reportedly inked a deal that is to involve a majority stake in the giant Atlantic City property being offloaded to a private equity firm so long as the state gaming regulator [...]
Talk about waiting until the last minute! The Ocean Resort Casino in Atlantic City is set to open on June 28th and the venue has yet to obtain a gaming license in New Jersey. Today, representatives of the casino will be attending a special hearing with [...]
