Ocean Resort Casino -- one of two Atlantic City, New Jersey, gaming venues to reopen last June -- is being sold to one of its lenders, which will invest $70 million for improvements to its gambling floor, for additional rooms and suites, and "a world-class buffet" to try to lure more visitors.
Hedge Fund to Buy Ocean Resort Casino in Atlantic City
Purchaser Plans to Invest $70 Million in Improvements Aimed at Boosting Gaming Venue
By Linda Moss
CoStar News
January 30, 2019 | 10:43 P.M.
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IN THIS ARTICLE
- Properties
- Ocean Casino Resort
500 Boardwalk, Atlantic City, NJ