With new ownership includes changes, and Ocean Resort Casino in Atlantic City is currently undergoing its share, such as what appears to be the impending unionization of its own hotel and restaurant workers. After Thursday’s approval from [...]
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 [...]
The nine-casino market in Atlantic City reportedly had a good January after recording an almost 20% increase year-on-year in aggregated gross gaming revenues to $229.6 million helped by a 53% overall rise in takings from online gambling to $33.5 million. [...]
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 [...]
After announcing in 2017 that a number of casino tax appeals covering casinos in Atlantic City had been settled, it appears as though the iconic Boardwalk city will be required to pay out millions after all. According to the Press of Atlantic [...]
After struggling to keep up with competitors, the casino is currently having a problem with construction workers, as the former employees say they have yet to be paid. It seems problems are mounting to your place, and it may only get worse from here. [...]
