Ocean Casino Resort in Atlantic City on Tuesday said it will reinvest $15m in the resort, its team members and the North Beach community.
CEO Terry Glebocki described the expenditure as the resort “doubling down” on its recent success as visitors have begun to return post-Covid.
Ocean recently unveiled a new high-limit slot experience known as The Cove, and a private luxury gaming suite it calls The Loft. Next will be several additions to the casino floor.
According to Glebocki, the resort will soon debut a new high-limit table games venue, an Asian gaming space, more than 250 new slot machines and two new guest lounges for Ocean Rewards card members.
In addition, the resort will expand several of its non-gaming amenities, including pools and cabanas, beach, culinary hospitality, and entertainment experiences.
Glebocki said Ocean will make more than $1m in annual wage increases and bonuses to eligible team members. Ocean and Luxor Capital Group will donate $50,000 to several local charities.
“Ocean's interest in our people, product and community is a testament to the progressive direction our property is moving toward as we enter into the summer months,” Glebocki said in a statement. “As restrictions are lifted and we begin reopening additional areas of our business, I am thrilled at the opportunity to present our guests with an evolving gaming experience that is unique to the market.”
Regarding raises and charitable donations, Glebocki added, “With success comes responsibility, and there is no greater responsibility than doing what is right. Thanks to the hard work, determination and commitment of our team, Ocean had a successful 2020, allowing us to issue wage increases, as well as give back to our local North Beach community.”
Ocean said it will provide community gardens located at the Absecon Lighthouse and Uptown School Complex through the AtlantiCare Foundation’s Growing Green Initiative, which it said will help improve nutrition practices, promote empowerment among residents and beautify open spaces.
In partnership with South Jersey Boardriders, Ocean will organize two summer beach clean-ups, as well as provide water awareness, safety education and surf lessons for local children.
In support of the Covenant House of New Jersey's mission to provide shelter for young adults facing homelessness and human trafficking, Ocean will donate sleep and travel essentials.
In addition, Ocean said it will invest in The Boys & Girls Club's summer camp STEAM Labs, at which Atlantic City youth practice digital arts, conduct scientific experiments and learn to code.