'However, given the extraordinary quality and investment made during its development, the new 'Ocean' will represent one of the finest hotel, casino properties in existence today in an improving market that has demonstrated strength and resilience.' 'The former Revel property opened at a time when Atlantic City was still in economic recovery and operationally it just did not cater to the customer base for this destination,' said Bruce Deifik, chairman of AC Ocean Walk, in prepared remarks.
