2024.07.19
online gambling nycOcean Casino Resort CEO Terry Glebocki has left the boardwalk building. The Atlantic City gaming property announced this morning that Glebocki has resigned, and her departure is effective immediately. “Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.”Future UnknownOcean Casino did not specify a reason for Glebocki’s departure. b c online gamblingner for StarFor now, Blackstone’s possible involvement in a sale-leaseback for Star Sydney remains a point of speculation, not confirmation. Prior to her arrival, Ocean reported a gross operating loss of .5 million through the first three quarters of 2019.Luxor Capital, a New York-based hedge fund, acquired the struggling casino resort from developer Bruce Deifik in early 2019. A few months later, it took a minority stake in a deal with MGM Growth Properties in the real estate of the MGM Grand and Mandalay Bay. gta 5 online blackjack guide elvis free casino slot gamesmgm casino washington dc restaurantsIt paid off, as Ocean emerged the following year as the most profitable casino in town during the pandemic-stricken 2020. Prior to her arrival, Ocean reported a gross operating loss of .5 million through the first three quarters of 2019.Luxor Capital, a New York-based hedge fund, acquired the struggling casino resort from developer Bruce Deifik in early 2019. Under her leadership, the casino was able to turn financially sound. wild casino review ukIt paid off, as Ocean emerged the following year as the most profitable casino in town during the pandemic-stricken 2020. However, Star withdrew its .64 billion takeover offer in July.Blackstone owns about 10 percent of Crown shares, and Star left the door open to making another bid for its rival. ner for StarFor now, Blackstone’s possible involvement in a sale-leaseback for Star Sydney remains a point of speculation, not confirmation. online gambling free bonus free online slots sweetheartchumba casino gold coins value“Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.”Future UnknownOcean Casino did not specify a reason for Glebocki’s departure. “Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City.”Future UnknownOcean Casino did not specify a reason for Glebocki’s departure. Under her leadership, the casino was able to turn financially sound. The Atlantic City gaming property announced this morning that Glebocki has resigned, and her departure is effective immediately. We thank Terry for her service as chief executive officer since 2019 and wish her well in her future endeavors,” the release stated.Glebocki took the Ocean Casino helms in December of 2019. In July, the private equity giant announced the purchase of Aria and Vdara on the Strip, and that those venues are being leased back to MGM.Even with the recently announced sale of the Cosmopolitan to MGM, Blackstone remains one of the largest landlords on the Strip.Another Reason Blackstone/Star Partnership Makes SenseThere’s another angle to a possible Blackstone/Star collaboration. online blackjack ohio hallmark casino promo code 2021 |