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New Owner Of AC’s Ocean Resort Casino — The Former Revel — Wants ‘Best In Market’ Sportsbook by Eric Ramsey

Atlantic City's newest casino owner says he wants his property to be the "best in market" for sports betting.

Colorado developer Bruce Deifik purchased the former Revel/TEN resort last Thursday for $200 million. He plans to invest another $175 million on improvements, including a state-of-the-art sportsbook.

The ability to open a sportsbook will depend on whether New Jersey wins its US Supreme Court case in Christie vs. NCAA. The NJ sports betting case could open up sports gambling in AC and at the state's horse racing tracks in North Jersey.

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