Ocean Casino Resort in Atlantic City Opens High-Limit Table Game Area
Ocean Casino Resort in Atlantic City continues to undergo legion(p) changes. The in style(p) annunciation from the Boardwalk dimension is the recent gap of a young high-limit gaming region dubbed The Loft.
Sitting on the 44th floor of the straggling racy oceanfront gambling casino complex, The Loft is a 2,000-square-foot VIP gaming waiting room only when accessible to invited high rollers. Along with breathtaking views of the Atlantic Ocean, a release from the gambling casino says guests of The Loft will take in a personal security measures item and butler service.
Our power to devote desired hotel tangible demesne to gaming raises the debar for high-limit sue in Atlantic City,” said Terry Glebocki, chief executive officer for Ocean Casino Resort. “The Loft at Ocean presents a premiere casino choice for guests seeking an sole(a) get on the eastern United States Coast.”
The Loft features only if tabular array games. The VIP region offers guests blackjack, roulette, and baccarat.
The high-limit table country follows Ocean’s opening of The Cove inwards December. The Cove is a high-limit one-armed bandit machine blank measuring 7,450 square feet. It’s set neighboring(a) to the Wahlburgers eating place on the public gambling casino level. The Cove features 140 high-limit machines.
$15 Million Rehab
Ocean revealed earliest this month that Ilitch Holdings, the parent companion of the Little Caesars pizza pie franchise, has entered into an correspondence with the lay out owners of the resort to gain a 50 percent stake.
Luxor Capital, the New York-based common soldier equity unwaveringly that currently controls Ocean, says The Loft is constituent of a $15 one thousand thousand refreshing of the boilersuit property. Most of the monetary resource are beingness used to resurrect the casino floor. But upgrades to the outdoor pools and cabanas are also beingness made.
“As restrictions are lifted and we lead off reopening additional areas of our business, i am thrilled at the opportunity to nowadays our guests with an evolving gaming see that’s unique to the market,” Glebocki added.
Ocean managed the COVID-19 pandemic meliorate than any other Atlantic City casino. The resort hotel reported a full-year 2020 144 operating turn a profit of roughly $21.9 million.
Less Hotel, Sir Thomas More VIP
Ocean Casino Resort is making a bighearted play on high-limit frolic in Atlantic City. The Loft replaces several hotel rooms on the 44th base that were one-bedroom suites. The resort towers 53 stories high, the tallest complex body part inward Atlantic City.
COVID-19 resulted inward fewer guests and overnight stays inwards Atlantic Ocean City last-place year. But Ocean kept its rooms occupied meliorate than the octet other casinos inward town.
Data supplied by the New Jersey Division of Gaming Enforcement reveals that Ocean’s 1,399 guestrooms were tenanted lowest yr at a range of 84 percent. The casino also demanded the highest ordinary nightly place at $201.90. Borgata was a distant sec at $160.38.
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