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 [...]
Atlantic City’s iconic Boardwalk saw two new luxury resorts open prior to the weekend, as the Ocean Resort Casino and Hard Rock Hotel & Casino opened within hours of each other on Thursday. While the Hard Rock kicked off the day’s [...]