The Ilitch family is expanding its presence in the gaming industry. To support that growth, the family has launched a new division called Ilitch Gaming. The new company will oversee existing casino assets and future acquisitions. Additionally, it will manage the family’s growing hospitality portfolio. As part of the expansion, Ilitch Gaming plans to acquire… Read more »
The Fanatics Sportsbook at Ocean Casino Resort is located in The Gallery, a dynamic 12,000 sq. ft. gaming and bar experience that serves as the centerpiece of the casino. The venue opened to the public on Thursday, September 5, just in time for football season. “We’re excited to bring Fanatics’ impressive lineup of sports leagues,… Read more »
New Jersey gaming regulators approved the bid for a Detroit-based hedge fund to acquire half ownership of Ocean Casino Resort for $175 million. Holding company Ilitch organization will own 50% while Ocean’s current owners, New York hedge fund Luxury Capital Group, will retain the remaining half. The plans were approved following two days of meetings… Read more »
