Things have been busy at Ocean Resort Casino after it was recently acquired by Luxor Capital Group. Two of the casino’s leaders have been let go and the venue has inked a major deal with the Arena Football League (AFL). The shakeup has begun at the casino that has seen most of its operations, with the exception of its sportsbook, stagnant over the past year.
Ocean’s CEO, Frank Leone, and its chief financial officer (CFO), Alan Greenstein, are out at the top of the food chain. Leone is being replaced by Eric Matejevich, formerly the chief operating officer at the now-closed Atlantic Club Casino Hotel. He is going to serve as Ocean’s interim CEO until a permanent replacement is found.
Taking the financial reigns at the casino is Terry Glebocki. She was previously the CFO at Tropicana Atlantic City and steps into the same role at Ocean.
The moves are part of Luxor’s plan to enhance the property. The NY-based hedge fund said earlier this week that the experience and talent the two new executives bring to the table “will be invaluable in continuing [Luxor’s] momentum.”
This past Wednesday, it was announced that Ocean is now the official host hotel of a new Atlantic City AFL team, the name of which has yet to be released. That team is expected to take to the field in the upcoming season, and Ocean will host the franchise starting with its training camp this April.
The VP of Marketing and Sales for Ocean, Peter Ciccone, indicated that the casino is looking forward to “partnering with Atlantic City AFL and assisting in growing both [their] brands.”
Special rates and discounted ticket prices will be offered to AFL fans throughout the season. Not much else was released about the discounts and prices, but Luxor indicated that it will provided more details in the coming weeks.
The new team will use the Jim Whelan Boardwalk Hall for its home games and is expected to see its first match on May 4 when it takes on the team from Columbus, Ohio. That team previously in the league from 2004 until the AFL called it quits in 2008, and there has been no word on whether or not it expects to continue with its old name, the Columbus Destroyers.