After a February 6, 2019, approval of a complex financial deal allowing operations at Ocean Resort Casino to continue uninterrupted during an ownership transition, a pair of top executives at the Atlantic City property were let go on Monday. The [...]
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 [...]