Ocean Resort reportedly trading hands, new owner plans $70M investment

In January 2018, the Ocean Resort Casino had a new owner who called the more than $200 million purchase of the vacant former Revel a “dream come true.” A year later, Bruce Deifek is reportedly ready to hand the keys to the casino over to a new majority ownership group.

The Associated Press reported last week the boardwalk property will trade hands and the unidentified new owner will make a $70 million investment in the Atlantic City casino. Deifek will retain a non-controlling ownership interest,…