I would say that we’ve tripled our forecast revenue for the room since it’s been open.” ‘The heart of it all’ With the popularity of the sportsbook, you have food and beverage revenue that you generate, and hotel revenue that you generate. “We have customers that come and they specifically stay in the hotel so they can spend time in the sportsbook.

“The ancillary benefit to the property has been incredible,” Ocean CEO Frank Leone tells NJ Online Gambling.

And that sports betting win - which rises to more than $2.8 million if you count online betting through partner William Hill’s New Jersey site - is not just a bright spot, but one that should shine its light on other Ocean offerings. The average tally for its eight competitors was $24.7 million.īut the folks at Ocean are confident their waves are swelling. In terms of overall casino win this past November, Ocean was ninth out of nine AC properties, with $11.7 million. It’s far too early to say what the ultimate fate of Ocean will be, but certainly there’s some reason for concern. It set a precedent that had many in the industry expecting Ocean to fail from the moment it re-opened with its new ownership, new management, and new name in June 2018. Revel Atlantic City occupied that same space at the end of the Boardwalk for 29 inglorious months from 2012-2014, going down as one of the biggest all-time financial failures in casino history. Ocean has a tough act to follow, but not in the traditional sense of a predecessor setting a high standard. 1 by a healthy margin among Atlantic City casinos - more than doubling runner-up Borgata. That was the revenue, in dollars, generated by the live sportsbook at Ocean Resort Casino in November, good for No.

Of all the encouraging figures in the most recent New Jersey gaming revenue report, perhaps the most eye-catching was the number 1,908,742.

Ocean casino sports book online