Ocean Casino Resort CEO Glebocki stands down

| By Conor Mulheir
Atlantic City's Ocean Casino Resort has announced the resignation of its chief executive officer, Terry Glebocki.

The operator thanked Glebocki for her service as chief executive since 2019, and wished her well in her future endeavours.

“With three decades of financial management experience, Glebocki joined Ocean Casino Resort with the business on the brink of bankruptcy, but leaves the property as one of Atlantic City’s leading casino resorts,” the operator said.

The business stated it is working through the transition and will provide updates as they become available.

It was revealed in January 2019, shortly before Glebocki’s appointment as the resort’s chief financial officer, that Luxor Capital Group had taken over as the new owner of Ocean Resort Casino.

At the time, the New York-based hedge fund set out plans to invest $70m (£53.2m/€61.2m) in the venue’s development.

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