New Jersey regulators approve sale of half ownership interest in Ocean Casino Resort to Ilitch family of Detroit

By | October 15, 2021

Originally announced in April 2021 by primary owner, Luxor Capital Group L.P., the sale of half of Ocean Casino Resort in Atlantic City to Detroit-headquartered conglomerate Ilitch Holdings Incorporated was approved by New Jersey gambling regulators on Thursday. Among other businesses, the family-run organization [Ilitch] owns MotorCity Casino Hotel in Detroit, as well as the […]