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OCEAN’S TIDE IS RISING, THANKS TO ATLANTIC CITY’S MOST POPULAR SPORTSBOOK BY ERIC RASKIN

Of all the encouraging figures in the most recent New Jersey gaming revenue report, perhaps the most eye-catching was the number 1,908,742. That was the revenue, in dollars, generated by the live sportsbook at Ocean Resort Casino in November, good for No. 1 by a healthy margin among Atlantic City casinos — more than doubling runner-up Borgata.

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Ocean has a tough act to follow, but not in the traditional sense of a predecessor setting a high standard. Quite the opposite. Revel Atlantic City occupied that same space at the end of the Boardwalk for 29 inglorious months from 2012-2014, going down as one of the biggest all-time financial failures in casino history. It set a precedent that had many in the industry expecting Ocean to fail from the moment it re-opened with its new ownership, new management, and new name in June 2018.

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