After a year when it was the only gaming location among Atlantic City’s nine operational properties to see a rise in its operating profit, Ocean Casino Resort will invest $15 million in several upgrades. online bet Malaysia Work on the rehabilitation of the casino and hotel complex would require casino floor renovations and renovation of many non-gaming facilities.
The property is ready to include an all-new high-limit games complex, Asia games rooms, and 2 new guest lounges for members of its Ocean Rewards programme, shortly after it launched The Cove high-limit slot experience and The LOFT private luxury gaming package.
Furthermore, refurbishment plans include new routes around the game floor so that patrons can navigate between various titles. Ocean’s current gaming systems would now add 250 new slot machines. As Revel, the building initially opened in 2012. However, after just two years of service in 2014, it closed doors. The resort of Boardwalk was reopened by Bruce Deifik as Ocean Resort Casino in the summer of 201 8. At the beginning of 2019 Mr Deifik sold the property to its existing owner, Luxor Capital Group, the New York Hedge Fund. Shortly after the transaction ended, it was renamed Ocean Casino Resort.
Ocean has since invested millions of dollars on improvements and supplements to its current facilities.
Upgrades to non-gaming
Ocean also revealed in a Monday press release that it would extend its non-gambling amenities, including its swimming pool, cabins, beach, food services, and entertainment activities. The property said more information would be provided later this year on both of these proposed improvements.
As previously reported, Ocean was the only casino in Atlantic City that recorded an increase in operating profit. The property earned profits of $21.8 million in 2020, up from 6.7 million dollars a year before, despite the many constraints imposed by the Covid-19-pandemic.
Ocean said it had allocated $1 million to annual pay raises and incentives for qualifying team members, in addition to the $15 million in expenditure in the continued improvement of its facilities. The property expects to contribute 50,000 dollars to various area charitable organisations.
Progressive orientation
CEO of Ocean Terry Glebocki said the resort “is a testament to the progressive orientation our property is moving towards as we enter into the summer months,” and that as restrictions are lifted and additional areas reopened, she is delighted to introduce “a changing gaming experience exclusive to the market.
Ms. Glebocki was announced last week as the new President of the New Jersey Casino Association to become the first female head of the trade body. In different reports from earlier this month, Louxor also signed an agreement to sell up to half its ownership in the region of the Ocean. Bruce Deifik, a Colorado businessman, is dead after a traffic accident. Mr. Deifik’s recent company efforts include reopening of the shuttered Revel casino as Ocean Resort Casino.
Paul O’Gara, the businessman’s counsel, told The Associated Press about Mr. Deifik died Sunday night in a single-car accident while driving home in Denver, his home country.