Bill Callahan, one of Ocean Casino’s executives, has been promoted to the position of interim CEO. With 25 years of experience in the casino industry, Callahan has worked as an executive at a number of other gaming companies.
The decision came on Tuesday after the state Division of Gaming Enforcement approved his appointment.
Callahan previously held the roles of executive and senior vice president at Ocean; prior to this he worked at the Borgata casino. This role came to an end when Callahan, along with a number of key members of staff left the Bortaga, prompting the operator to sue, suggesting Ocean had stolen trade secrets.
This lawsuit was settled earlier this year after a settlement described as “amicable” was agreed by the concerned parties.
While at the Borgata, Ocean’s new interim CEO held the position of vice president of relationship marketing; in this role, he led the operator’s table games, slots, and Asian games marketing segments. Callahan held this position for 17 years.
Recently, half of the Ocean Casino has been acquired by the Ilitch family, owners of the fast-food chain Little Caesars Pizza, in a deal worth $175m that is set to be completed in the coming weeks.
Per the sale, the casino’s new part owners will invest $70m to complete the construction of the 426-room hotel, found on the property that has remained closed since its launch almost a decade ago.
