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UPDATE: Ocean Resort Casino owner Bruce Deifik confirmed Thursday afternoon that the property has indeed been sold. He didn’t name the buyer. The sale is dependent on approval from state regulators, and the new owner will need to become licensed. Ocean Resort Casino in Atlantic City is rumored to be up for sale by owner Bruce Deifik less than a year after the developer reopened the . 4 billion Boardwalk property. Ocean Resort Casino owner Bruce Deifik is said to be shopping his Atlantic City resort. cache creek casino weather (Image: Press of Atlantic City)The former Revel opened June 27, but has struggled to gain a significant market share in Atlantic City’s competitive gaming market. Ocean Resort and nearby Hard Rock, the former Trump Taj Mahal, opened on the same day. Live Casino Gift Card Crhd

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In a lawsuit filed by Joseph Morrissey, the former nightclub manager of Ocean Resort, the plaintiff seeks million in damages from Deifik for breach of contract, defamation and slander, unjust enrichment, and detrimental release. The legal action also contends that Deifik is trying to sell Ocean Resort. Attorneys for Morrissey write that the lawsuit comes as “information and belief defendant Deifik is currently seeking to sell the casino to a new buyer and is seeking to eliminate anyone with ownership interest who could thwart the sale. online slots real money app ”Deifik, a Colorado-based real estate developer, purchased the former Revel for 9 million in January of 2018. Missed ProjectionsThe June openings of Ocean Resort and Hard Rock brought excitement to Atlantic City not seen in many years. The beach was packed with crowds as the Boardwalk properties reopened and returned the East Coast gambling capital to a nine-casino town. borgata casino locations 4rabet Live Casino Lmxv For Ocean Resort, however, the excitement didn’t last long. While Hard Rock has established considerable market share – the casino accounting for more than 10 percent of New Jersey’s land-based gaming industry in the latest financial filing – Ocean Resort is controlling just 5.

6 percent. Ocean Resorcache creek casino weathert’s gross gambling brick-and-mortar revenue in November was . 7 million. That figure places the casino dead last of the nine gaming floors. scarlet pearl casino draftkings Borgata remains the top earner, posting a . 78 million win in the latest month. Encore Casino Layoffs Glkr Deifik told state gaming regulators during his licensing hearing that he expected casino operations at Ocean Resort Casino to net 4. poker casino belfast 6 million in the first year. paragon casino indoor pool online gambling wisconsin

Bills Unpaid, Sexual Misconduct AllegationsMorrissey isn’t the only one who’s taking legal action against Deifik. Two construction companies have filed lawsuits for unpaid work they claim to have performed at Ocean Resort. bonus codes for las atlantis casino JPMorgan perhaps stands to lose the most should Deifik fold on Ocean Resort. mgm casino credit roulette casino astuce Mychoice Casino Customer Service Ilrs The financial institution has lent the developer 3 million to help reopen the casino property. borgata casino drinks Morrissey claims Deifik promised him an annual salary of 0,000 for bringing top acts to the resort. He also argues that he is to be