More details will be shared once all regulatory processes are complete. 500 Boardwalk Ocean Casino Resort, Atlantic City, NJ 08401-7609. The Ilitch organization recognizes the success that the team at Ocean has achieved over the past two years and looks forward to working with the Ocean team and building on their accomplishments through continued investment in both the property and the customer experience. We look forward to continuing to grow Ocean in partnership with the Ilitch organization for years to come.” Luxor Capital commented, “We are extremely excited about the proposed investment by the Ilitch organization, which, if approved, will give Ocean access to growth capital and provide a strategic partner to Luxor. Additionally, the Ilitch companies represent leading brands in the food, sports and entertainment and real estate development industries and employ tens of thousands of people worldwide. MotorCity Casino Hotel offers luxury hotel accommodations and spa facilities, fine and casual dining, live entertainment, and world-class gaming. In January of 2019, it was sold again, branding updated again, and it now has become Ocean Casino Resort (putting the casino first). This joint endeavor will bring to Atlantic City the extensive experience that the Ilitch organization has in the gaming industry through MotorCity Casino Hotel, Detroit’s only locally owned and operated casino.
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