Ocean Destination Casino Went by to a Unique Owner per year after Past Sale
Ocean Hotel Casino is usually changing control amid consistent reports that it must be threateningly near to facing a do it again of its previous financial woes
Often the property’s up-to-date owner, Colorado-businessman Bruce Deifik, confirmed Wed that the building was in the being ordered by the outside investor just six months right after its beginning and less than a year just after being grabbed by Mr. Deifik on his own.
The unnamed investor programs to put in $70-million meant for property improvements to help often the resort increase its overall performance, which has been fewer than satisfactory as its launch. River will use typically the funds to spread out a new buffet, add spaces and suite, and enhance its gambling house floor.
Package needs benchmarks from Nj gaming government bodies. If it is awarded the necessary permission, the property’s new holder and further the specifics of their ideas for its potential will be revealed. Mr. Deifik will keep a non-controlling interest on Ocean following a sale can be finalized.
Underwater Resort Internet casino was 1 of 2 casino resorts to open gates on the well-known Atlantic Town Boardwalk on June 29, the other being the former Overcome Taj Mahal, now Tricky Rock Resort & Modern casino Atlantic Locale. However , Marine, formerly Revel, failed to keep up with its rivals and the gaming sales revenue remained nearby the bottom from the city’s casino pack. (more…)