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

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 […]