{"id":171054,"date":"2021-04-19T13:30:59","date_gmt":"2021-04-19T20:30:59","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=171054"},"modified":"2021-04-19T15:29:17","modified_gmt":"2021-04-19T22:29:17","slug":"ocean-casino-resort-in-atlantic-city-opens-high-limit-table-game-area","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/ocean-casino-resort-in-atlantic-city-opens-high-limit-table-game-area\/","title":{"rendered":"Ocean Casino Resort in Atlantic City Opens High-Limit Table Game Area"},"content":{"rendered":"<p>Ocean Casino Resort in Atlantic City continues to undergo numerous changes. The latest announcement from the Boardwalk property is the recent opening of a new high-limit gaming area dubbed The Loft.<\/p>\n<figure id=\"attachment_171056\" aria-describedby=\"caption-attachment-171056\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-171056\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/Loft06-1-1024x605-2.jpg\" alt=\"Ocean Casino Resort Atlantic City\" width=\"1200\" height=\"709\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/Loft06-1-1024x605-2.jpg 1200w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/Loft06-1-1024x605-2-142x84.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/Loft06-1-1024x605-2-1024x605.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/04\/Loft06-1-1024x605-2-768x454.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption  id=\"caption-attachment-171056\"class=\"text-description\">The Loft, a private high-limit gaming area located on the 44th floor of Ocean Casino Resort, is pictured. The Atlantic City VIP gaming space towers above the Atlantic Ocean below. (Image: Ocean Casino Resort)<\/figcaption><\/figure>\n<p>Sitting on the 44th floor of the sprawling blue oceanfront casino complex, The Loft is a 2,000-square-foot VIP gaming lounge only accessible to invited high rollers. Along with breathtaking views of the Atlantic Ocean, a release from the casino says guests of The Loft will receive a personal security detail and butler service.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The Loft features only table games. The VIP area offers guests blackjack, roulette, and baccarat.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The high-limit table area follows Ocean&#8217;s opening of The Cove in December. The Cove is a high-limit slot machine space measuring 7,450 square feet. It&#8217;s located adjacent to the Wahlburgers restaurant on the public casino level. The Cove features 140 high-limit machines.<\/p>\n<h2><b>$15 Million Rehab<\/b><\/h2>\n<p>Ocean revealed earlier this month that Ilitch Holdings, the parent company of the <a href=\"https:\/\/www.casino.org\/news\/little-caesars-family-taking-large-bite-ocean-casino-atlantic-city\/\">Little Caesars<\/a> pizza franchise, has entered into an agreement with the present owners of the resort to acquire a 50 percent stake.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<div class=\"callout\">\n<p>Luxor Capital, the New York-based private equity firm that currently controls Ocean, says The Loft is part of a $15 million refreshing of the overall property.<span class=\"Apple-converted-space\">\u00a0<\/span>Most of the funds are being used to revive the casino floor. But upgrades to the outdoor pools and cabanas are also being made.<\/p>\n<\/div>\n<p>Ocean managed the COVID-19 pandemic better than any other Atlantic City casino. The resort reported a full-year 2020 gross operating profit of roughly <a href=\"https:\/\/www.casino.org\/news\/ocean-casino-resort-atlantic-citys-top-operating-performer-2020\/\">$21.9 million<\/a>.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<h2><b>Less Hotel, More VIP<\/b><\/h2>\n<p>Ocean Casino Resort is making a big bet on high-limit play in Atlantic City. The Loft replaces several hotel rooms on the 44th floor that were one-bedroom suites. The resort towers 53 stories high, the tallest structure in Atlantic City.<\/p>\n<p>COVID-19 resulted in fewer guests and overnight stays in Atlantic City last year. But Ocean kept its rooms occupied better than the eight other casinos in town.<\/p>\n<p>Data supplied by the New Jersey Division of Gaming Enforcement reveals that Ocean&#8217;s 1,399 guestrooms were occupied last year at a rate of 84 percent. The casino also demanded the highest average nightly rate at $201.90. Borgata was a distant second at $160.38.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ocean Casino Resort in Atlantic City continues to undergo numerous changes. The latest announcement from the Boardwalk property is the recent opening of a new high-limit gaming area dubbed The Loft. Sitting on the 44th floor of the sprawling blue oceanfront casino complex, The Loft is a 2,000-square-foot VIP gaming lounge only accessible to invited [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":171056,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,69293],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ocean Casino Resort in Atlantic City Opens High-Limit Table Game Area<\/title>\n<meta name=\"description\" content=\"Ocean Casino Resort continues to announce changes to the Boardwalk property, the latest being a high-limit table gaming area.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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