Former Atlantic City Casino Owner Dies In Car Crash

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Bruce Deifik, the former proprietor of Sea Gambling enterprise Resort, died last weekend break from injuries he received in an auto accident in Denver, according to records.

Deifik, 64, got Revel Casino in Atlantic City from Florida financier Glenn Straub for $229 million. Revel closed in 2014 after a collection of personal bankruptcy insurance claims and also was resumed by Deifik in 2018 as Sea Hotel Gambling Enterprise.

Revel’s designers sunk $2.4 billion right into the home as well as were unable to make a profit in both years it was open.

Ocean Hotel Gambling enterprise encountered similar problems to Revel when it concerned capital. Deifik, a realty developer from Colorado, was not able to make a profit as well as finished selling the bulk stake to Luxor, an exclusive investment firm from New york city at the start of 2019.

According to an article previously this year from journalism of Atlantic City, Luxor funneled one more $70 million right into the residential property to open up a buffet, added collections and spaces and financial investments on the casino floor, as well as offering the building some much needed monetary versatility.

The quantity was never ever revealed, however Deifik still held a minority stake in Ocean Casino site Resort after Luxor actioned in.

Deifik was simply a couple of days far from having to take a trip back east to Atlantic City, where he was readied to deal with a hearing in front of New Jacket video gaming regulatory authorities. Those regulatory authorities were holding the hearing in reaction to unwanted sexual advances allegations from female staff members at the residential or commercial property. It was feasible that regulators were mosting likely to remove him of his gaming license.

Paul O’Gara, Deifik’s lawyer, told media electrical outlets that Deifik was associated with the crash while traveling residence from a Colorado Mountain ranges baseball game.

The Denver cops are reporting, while not launching Deifik’s identity, that the vehicle driver of the lorry “had an evident clinical condition as well as swerved” across 2 lanes. The vehicle after that “crashed right into a light post and came to a hinge on the walkway.”

” It’s a terrible misfortune,” claimed Bart Blatstein, the owner of Showboat, who is attempting to complete a revitalization task of his very own. “I knew him as a nice guy. He placed his heart as well as purse in Atlantic City. It’s an unfortunate time.”

The results of Deifik’s postmortem examination are still pending.