Bruce Deifik, Former Owner of Ocean Resort Casino, Dies in Traffic Accident
Last year, Bruce Deifik helped Atlantic City take a step forward in its effort to emerge from a dark economic period. Earlier this week, the former owner of Ocean Resort …
LATEST NEWS
Luxor Capital Group to Own Majority Stake in Ocean Resort Casino
After only about a year under new ownership the Ocean Resort Casino in Atlantic City is changing hands yet again. After weeks of rumblings that control of the property was …
Ocean Resort Casino, Hard Rock Both Open in Atlantic City
It is an exciting weekend in Atlantic City, New Jersey as two casinos opened on Thursday, June 28th: Ocean Resort Casino and Hard Rock Atlantic City. It is expected that …
Both Hard Rock and Ocean Resort Casino to Open June 28th in Atlantic City
I can’t stand crowds. Every Fourth of July, my wife insists on keeping with a tradition of going to the downtown square area of our city with some friends to …
Atlantic City’s Revel Casino Sold to Denver Developer, Will Reopen as Ocean Resort Casino
Is it possible that Atlantic City is in the midst of a revival, and doing so without changing its name to Bitcoin Atlantic City? This week, Denver’s Bruce Deifik confirmed …
Revel Sale Nearly Dead
Another chapter in the sad saga of the albatross that is the Revel Atlantic City casino was written this week, as attorneys for the property and its potential buyer were …
Atlantic City Finances Patched by Casino Tax-Lien Payments
The short-term financial needs of struggling casino destination Atlantic City, New Jersey, have been patched for the short term by tax lien payments for three of the city’s casinos, two …
Revel Buyer Pulls out of Deal for Atlantic City Casino
In shocking news out of Atlantic City yesterday, the Press of Atlantic City reported that the deal which would have Brookfield US Holdings LLC purchased the Revel Casino-Hotel has fallen …
Revel Sale Approved by Bankruptcy Judge
Boy, would it have been interesting to see Glenn Straub own the Revel. But alas, it looks like that is not to be. On Tuesday, Chief U.S. Bankruptcy Judge Gloria …
Atlantic City’s Revel Casino Hotel Sells for $110 Million at Auction
If someone paid me $110 million for anything I owned, perhaps even one of my children (not both – I’m not a monster), I would be ecstatic. The owners of …
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