Ocean Casino Resort CEO Terry Glebocki lays out how the former Revel weathered the Coronavirus shutdown, which is expected to lift tomorrow. Her first move was to suspend revenue-sharing agreements with slot manufacturers. After all, there was no revenue to share. Secondly, 90% of the workforce was pink-slipped, although Glebocki expects to be back up to 65% employment this weekend. It’s an open question as to whether that will be overstaffing, as Gov. Phil Murphy (D) is reopening Garden State casinos at a tight 25% of capacity. Temperature screenings haven’t (yet) been mandated but you’d better be prepared to wear a mask, whether as worker or guest. Cards will be switched out six times a day and dice will be sanitized at every change of shooter.
Ocean Casino & AC: We expect to be at Ocean’s opening tomorrow. It’s one of the few casinos that you don’t have to get into a self park garage (people capsule) elevator to get to the casino level, provided you can find a space on the 6th floor of their garage. – Avoid AC – on Sat 7/4 as a protest is planned “to shut the city down” (according to AC Press yesterday). The organizer is the same person who was heard on audio 5/31 encouraging protesters to “do some window shopping”. The Tanger Outlet (tourist) Mall was destroyed.
Probably headed to the Ocean tonight. It has really created a nice niche in the market. Hopefully it can gain back its pre-covid stride!