Ocean Resort Casino granted license, ready to open June 28

On June 21, 2018 (Thursday), the Ocean Resort Casino Frank Leone CEO (right) of Ocean Resort Casino emphasizes testimony at the casino management committee's casino license hearing. Ocean Resort Casino obtained a casino license and opened on June 27, 2018.

• David Dancis

On June 11, 2018, on the first day of the week, the media members visited the Atlantic City Ocean Resort Casino to introduce some characteristics of casinos, conference rooms, and suites that have been redesigned at the resort. (Dale Gar Hard/ Atlantic City Print).

• Dale Gar Hard / Staff Photographer

Atlantic Cit y-Bruce Dayphick looked back on the struggle, which began with a $ 10 million investment in an invisible real estate on Thursday, and was crying.

"It's going to be in the future," said Dayphick, the owner and president of the ocean resort casino. The Casino Management Committee has a license to a new owner of the old level casino hotel just one week before the opening of the facility.

"I and my family have come true for me and my family," said Dayphick, "I and my whole family have come true," said Dayphick, "very difficult 13 months."

The casino will open at 13:00 on June 28.

The license was issued along with the standard list created by the supervisor of the Gaming Bureau. The 26 standards are related to the relationship between the hotel's funding and one of the creditors, JP Morgan Chase, so that the ocean resort is not a victim of financial issues that led to the predecessor bankruptcy. It is a thing.

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Casino Control Board Chairman James Plath said he considered the terms "reasonable."

Commissioner Alice Cooper said she had "very serious concerns" before the two-day hearing began, and judging by the number of recommendations, "the Division of Gaming Enforcement was thinking the same."

"But after hearing very detailed and personal testimony over the last two days, my concerns have subsided," Cooper said.

On Wednesday, Colorado-based developer Defeek and its financial director Alan Grinstein Dalli testified about the luxury hotel-casino vision, the group's finances and changes to the project. On Thursday, Ocean Resorts general manager Frank Leone, who previously worked at Caesars Atlantic City and Trump Taj Mahal Casino Resort, testified about the resort's marketing strategy and plans to attract and retain guests.

"We promise to speak loud and clear to the casino's core demographic," Leone said of how Ocean Resort will be different from the previous owner. "We promise to be steadfast in our desire to exceed guest expectations."

According to Leone's testimony, smoking will be permitted at Ocean Resort, which was the top complaint in focus groups with former Rebel guests. There will also be an increase in the number of nightly room rates offered, a player rewards program, market competition, and a buffet, which is expected to open "in late 2018 or early 2019."

Other changes included in the roughly $50 million reconstruction include reconfiguring the casino floor, removing a boardwalk wall that blocked direct access to the casino, and installing two-foot security panels around escalators.

When asked if Ocean Resort is ready for its June 28 opening, Leone said, "Absolutely. We're looking forward to it."

About 3, 300 people will work at Ocean Resort. According to Leone, nearly 25 percent of the employees already hired to work at the property are Atlantic City residents, and more than 80 percent have casino experience.

DeFrick said he's very comfortable communicating with new employees.

"We walk down the aisles and they say, 'Thank you for your hard work, thank you for the opportunity, thank you for believing in us.'"

Defique acquired 6. 3 million square feet hotel casinos from Florida's developer Glena Strhab on January 4 for $ 200 million. Strhab purchased a bankruptcy property for $ 82 million in 2015. REVEL was closed in 2014 after two years of business due to untouched debt and low profits.

The Ocean Resort promised 1. 399 units in total, and the defricks would complete 600 units on 12 unfinished floors.

Approximately 2, 000 slot machines, more than 100 desktop games, and eight poker tables will be installed on a 130. 000 square foot casino.

Defly said on Wednesday that famous DJ performed performance at HQ2 Dainite Club.

Leon said the 7, 50 0-squar e-foot sportsbook, operated by William Hill US, will not open on Thursday. However, until the final facility is constructed about six weeks later, sportsbetting can be performed at a temporary sports club on June 28.

The Ocean Resort has also applied for an Internet gaming license with a GAN partner who runs a betting online casino at the Golden Nugget Atlantic City, and will provide this opportunity from July 1st.

Hard Rock Hotel & Amp; amp; Amp; Casino Atlantic City will open on the site of Trump Taj Mahal on June 28. KKK approved the gambling license on May 9.

Thursday, on the southern bay coast, it is announced that the former casino between the ocean resort and the hard rock, which had been operating as a no n-heated hotel since July 2016, will open all rooms in 1. 331 rooms from June 28. It was done. Before that, only 852 rooms were empty.

Contact 609-272-7222 DDANZIS@pressosofac.

Twitter @acpressdanzis

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