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WAYNE PARRY This June 28, 2018, file photo shows the exterior of the Ocean Resort Casino in Atlantic City N.J. On Tuesday, Luxor Capital, the New York hedge fund that owns the casino, told The Associated Press it is selling an ownership interest of up to 50% in the casino to the Ilitch family of Detroit, which owns professional sports teams, the Little Caesars pizza chain, and a Detroit casino. (AP photo) ATLANTIC CITY, N.J. — A New York hedge fund said Tuesday it is selling as much as half its ownership of Atlantic City’s Ocean Casino to the Ilitch family, which owns professional sports ...

Associated Press The Ilitch family, which owns the Little Caesars pizza chain, has agreed to purchase at least half of the ownership of Ocean Casino in Atlantic City, N.J. Previous Next Wednesday, April 07, 2021 1:00 am Ilitch family gets slice of casino WAYNE PARRY | Associated Press ATLANTIC CITY, N.J. – A New York hedge fund said Tuesday it is selling as much as half its ownership of Atlantic City's Ocean Casino to the Ilitch family, which owns professional sports teams, a nationwide pizza chain and a casino in Detroit. Officials of Luxor Capital Group LP told the...

Ilitches buying half of Atlantic City casino, owner says Ilitches buying half of Atlantic City casino, owner says Wayne Parry The Ocean Casino Resort in Atlantic City, N.J. ATLANTIC CITY, N.J. — The Ilitch family, which owns professional sports teams, a nationwide pizza chain and a casino in Detroit, is buying into an Atlantic City casino, its hedge fund owner said Tuesday. Officials of New York-based Luxor Capital Group LP told The Associated Press they have reached a deal with the Ilitch organization to acquire, through an affiliate, up to half the ownership of the Ocean Casino Resort. Th...

Detroit's Ilitch family buying half of Atlantic City casino WAYNE PARRY, Associated Press FacebookTwitterEmail 6 1of6FILE - This June 28, 2018, file photo shows the exterior of the Ocean Resort Casino in Atlantic City N.J. On April 6, 2021, Luxor Capital, the New York hedge fund that owns the casino, told The Associated Press it is selling an ownership interest of up to 50% in the casino to the Ilitch family of Detroit, which owns professional sports teams, the Little Caesars pizza chain, and a Detroit casino.Wayne Parry/APShow MoreShow Less 2of6FILE - In this June 20, 2019, file...

Ilitches buying half of Atlantic City casino Wayne Parry The Ocean Casino Resort in Atlantic City, N.J. ATLANTIC CITY, N.J. — The Ilitch family, which owns the Detroit Tigers and Red Wings, Little Caesars and MotorCity Casino Hotel, is buying into an Atlantic City casino, its hedge fund owner said Tuesday. Officials of New York-based Luxor Capital Group LP announced Tuesday they have reached a deal with the Ilitch organization to acquire, through an affiliate, up to half of the ownership of the Ocean Casino Resort. The Ilitch organization has already applied to New Jersey regulators for int...