Ocean Resort Atlantic City Announces Sportsbook Plans
Upon hearing Monday's Supreme Court decision that awarded states more control over gambling laws, Ocean Resort owner Bruce Deifik announced plans to launch a sportsbook. Deifik says sports betting will be available “right in the middle” of Ocean Resort, which is set to open June 28.
Finding out he would be able to open a sportsbook was excellent news for Deifik, who purchased the former Revel casino that has been shuttered since 2014. It was the most expensive casino project ever completed in Atlantic City, which led to the crippling debt and eventual bankruptcy that saw the casino close just two years after it opened.
Since announcing his purchase of the property, Deifik has made it well know that he plans to do things far differently than the owners of the former Revel. His $375 million investment in Ocean Resort included several layout and policy changes based on feedback from former Revel customers.
Deifik is familiar with sports betting, having lived in Las Vegas for 30 years. He said he does not think Atlantic City will be anything like Vegas but believes the city is “well poised” to make the most of the new form of gambling. In Deifik's opinion, the law should have changed a long time ago to prevent corruption through regulations.
What comes next for legal sports betting in Atlantic City? Deifik predicts legal sports betting will strengthen the city's relationship to sports, as it has done recently in Las Vegas. The NFL's Oakland Raiders recently announced plans to move to Las Vegas, and the Golden Knights Hockey team relocated to Las Vegas earlier this year.