Ocean Resort Casino Finally Open Its Doors
The venue occupies the place of the former Revel casino, which was closed back in 2014, after only two years in business.
Before receiving the approval of the state’s regulator, the owners and executives of the new casino presented their plans at a hearing that lasted for two days. Following the voting, the casino will finally get the license, which means it was able to become fully operational on Thursday 28th June.
Exciting Times for Atlantic City
Commenting on the latest news, New Jersey Casino Control Commission Chairman James T. Plousis said he was placing a great deal of confidence in Mr Deifik, his family and his assembled team to market this property and draw old and new customers to come and experience what Atlantic City in general and Ocean Resort, in particular, had to offer.
The owner of the new Atlantic City casino, businessman Bruce Deifik, appeared in front of the Casino Control Commission, where he stated that Ocean Resort Casino was capable of overcoming the negative impressions left by the previous operation.
Deifik pointed out the new venue would surprise the world as to how they treated their customers and what they had to offer. He pointed out the company had listed very carefully to what had mattered to people.
Deifik pointed out the entire casino floor had been changed, and added it was a completely different place with the sports book in the middle of it.
Learning from the Mistakes
It’s already clear that Ocean Resort Casino doesn’t want to make the same mistakes as their predecessor. Unlike Revel, which focused on high-end customers, the new casino will welcome everyone. Smoking and one-night stays will be allowed, and the new management has even decided to tear down the wall blocking access to the floor straight from the Boardwalk.
Deifik bought Ocean Resort Casino from Glenn Straub in a transaction worth $200 million, while another $200m was invested in the renovation of the venue.
As we’ve already mentioned, the grand opening of the new casino took place on June 28, the very same day on which the former Trump Taj Mahal – now known as Hard Rock International – also opened its doors to new customers.
The opening of two new Atlantic City casinos should have a significant impact on the city’s economy, while the recent legalisation of sports betting should bring even more money to the local coffers.
Available estimates state Ocean Resort Casino could quickly claim a 10% share of the city’s gambling market, with more than $290 million in revenue to be generated during its first year of operation.
Frank Leone, Ocean Resort’s CEO said he believed they had created something for everyone with a wide array of different options in atmospheres that they hoped would make their guests feel comfortable and at home in the new resort.