Major Changes at Ocean Resort Casino Under New Ownership

Ocean resort casino had been changing hands a few times since its launch in 2018. Earlier in January it was revealed that Ocean Resort Casino was yet again under new ownership.  We published a story about the mysterious new owner of the troubled casino resort. It has since been revealed that the new owner of the troubled casino is the Luxor Capital Group. Already there have been significant changes made to the resort casino. Will Luxor Capital Group be more of a permanent fit for Ocean resort Casino? Before making judgements, let us see what the new ownership has done so far in their short time with their new venture.

Ocean Resort Casino Top Management Replaced

Already Luxor Capital Group has fired two top managers, the CEO and CFO at Ocean Resort Casino. Previous CEO, Frank Leone, was replaced by Eric Matejevich who worked as COO at the Atlantic Club Casino hotel. CFO Alan Greenstein is replaced by Terry Glebocki. Her experience in the same position at Tropicana Atlantic City has earned her this new role.  Leone is being replaced by, formerly the chief operating officer at the now-closed Atlantic Club Casino Hotel. He is going to serve as Ocean’s interim CEO until a permanent replacement is found.

AFL Partners with Ocean Resort Casino

Luxor Capital Group really hit the ground running with the changes. It seems to have been a worthy change since the casino managed to secure major sports deal with the Arena Football League (AFL). A team which is yet to be revealed will be hosted by Ocean Resort Hotel. The mysterious new team will be expected to use the Jim Whelan Boardwalk Hall for its home games. The team will start its training IN Atlantic City beginning April.

Luxor Group Capital Future Plans for Ocean

Luxor Group plans to get the ball rolling and keep the momentum unlike what has been happening the past year. They hope partnering with Atlantic City AFL will boost both their brand and AFL’S. Fans of the AFL will be getting promotional discounted tickets and other perks. Luxor will reveal more with time. We will continue to update you on this and other casino stories.

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