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Detroit's Ilitch family buying half of Atlantic City casino | News, Sports, Jobs


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 teams, a nationwide pizza chain and a casino in Detroit. ....

United States , New Jersey , Atlantic City , Bruce Deifik , Michael Conboy , Officials Of Luxor Capital Group , Associated Press , Detroit Motorcity Casino Hotel , New York , Ocean Casino , Luxor Capital Group , Detroit Tigers , Red Wings , Little Caesars , Motorcity Casino Hotel , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , அட்லாண்டிக் நகரம் , மைக்கேல் காண்போய் , அதிகாரிகள் ஆஃப் ஆடம்பர மூலதனம் குழு , தொடர்புடையது ப்ரெஸ் , டெட்ராய்ட் மோட்டார் சிட்டி கேசினோ ஹோட்டல் , புதியது யார்க் , கடல் கேசினோ , ஆடம்பர மூலதனம் குழு , டெட்ராய்ட் புலிகள் ,

Ilitch family gets slice of casino | Business | The Journal Gazette


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.
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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 Associated Press they have reached a deal with the Ilitch organization to acquire, through an affiliate, up to half the ownership of the casino. ....

United States , New Jersey , Atlantic City , Bruce Deifik , Michael Conboy , Officials Of Luxor Capital Group , Associated Press , Detroit Motorcity Casino Hotel , New York , Ocean Casino , Luxor Capital Group , Detroit Tigers , Red Wings , Little Caesars , Motorcity Casino Hotel , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , அட்லாண்டிக் நகரம் , மைக்கேல் காண்போய் , அதிகாரிகள் ஆஃப் ஆடம்பர மூலதனம் குழு , தொடர்புடையது ப்ரெஸ் , டெட்ராய்ட் மோட்டார் சிட்டி கேசினோ ஹோட்டல் , புதியது யார்க் , கடல் கேசினோ , ஆடம்பர மூலதனம் குழு , டெட்ராய்ட் புலிகள் ,

Why get a farmland tax assessment when you can have a parsonage?


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What does a church do if it can’t afford to pay a pastor a salary? It buys his house from him for $1.65 million $100,000 more than he paid for it two years earlier. ....

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Atlantic City's Ocean Casino gets buy-in from owners of Detroit Tigers, Red Wings, Little Caesars chain


Atlantic City’s Ocean Casino gets buy-in from owners of Detroit Tigers, Red Wings, Little Caesars chain
Updated 12:06 PM;
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ATLANTIC CITY 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 Associated Press they have reached a deal with the Ilitch organization to acquire, through an affiliate, up to half the ownership of the casino.
Ilitch, which owns the Detroit Tigers baseball and Red Wings hockey teams, the Little Caesars pizza chain, and Detroit’s MotorCity Casino Hotel, has already applied to New Jersey regulators for interim approval to own part of the casino. ....

United States , New Jersey , Atlantic City , Bruce Deifik , Michael Conboy , Officials Of Luxor Capital Group , Associated Press , Detroit Motorcity Casino Hotel , New York , Ocean Casino , Luxor Capital Group , Detroit Tigers , Red Wings , Little Caesars , Motorcity Casino Hotel , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜெர்சி , அட்லாண்டிக் நகரம் , மைக்கேல் காண்போய் , அதிகாரிகள் ஆஃப் ஆடம்பர மூலதனம் குழு , தொடர்புடையது ப்ரெஸ் , டெட்ராய்ட் மோட்டார் சிட்டி கேசினோ ஹோட்டல் , புதியது யார்க் , கடல் கேசினோ , ஆடம்பர மூலதனம் குழு , டெட்ராய்ட் புலிகள் ,