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When Glenn Straub owned Revel Casino, it is fair to say things moved at a glacial pace. Missed deadlines, years of inactivity, and no end results were commonplace.

Moved Permanently. The document has moved here. Ocean Resort Casino Online Ocean Resort Casino Online is an online casino also offering bingo using Gameiom, Gaming Realms, GAN, IGT, NetEnt, SG Digital, and Spin Games software licensed in New Jersey. It is owned by AC Ocean Walk LLC. The site's primary language is English. A download is not required to place a wager. Visit Ocean Resort Casino. At Ocean Casino Resort in Atlantic City, we have 138,000 sq. Of gaming entertainment – the epitome of a gamblers paradise. Enjoy hundreds of games, a robust loyalty program, an Ocean Rewards Club player’s lounge overlooking the ocean and exclusive experiences all year long.

So far, the building’s new owners are moving at a much steadier clip. The new owners plan to relaunch the property as Ocean Resort Casino later this year. Apparently it is revving up for an NJ online casino launch as well.

GAN powering real money Ocean Resort Casino

In its latest release announcing 2017 financials, casino software company GAN announced it will power a new real-money online casino for Ocean Resort. The plan is to launch sometime in the first half of 2018.

It isn’t a matter of simply building a site and turning it on though. However, there is some framework in place. One thing Straub did accomplish during his ownership of TEN was launching a social casino. GAN powered the technology of the product.

TEN could not offer real money gambling because Straub refused to get a casino license. Ocean Resort applied for a land-based casino license in December.

The next step for the casino is to obtain an online casino license. The cost is relatively small, just $400,000. Each year there are also $500,000 in renewal fees.

GAN is not a New Jersey-based software provider. However, it does currently run the software for a different real-money online casino in New Jersey, Betfair. Since it is already approved and vetted, it should be relatively easy for GAN to obtain a transactional waiver to operate Ocean Resort’s platform as well.

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Hard Rock and Ocean Resort in a race to the space

So far, it is Ocean Resort trying to play catch up to the forthcoming Hard Rock Casino. Hard Rock finalized the purchase of Trump Taj Mahal last year. 333 casino no deposit bonus. It is in the midst of a half a billion dollar renovation of the old casino. Nonetheless, it still plans to open its doors to the Atlantic City Boardwalk over Memorial Day weekend.

Meanwhile, the ink is barely dry on the Ocean Resort sale. Unlike the Taj Mahal, the Revel property is in newer and better shape. It will still require $175 million in updates and renovations though. It plans to open during the summer, but will likely not beat Hard Rock to the punch.

When it comes to online casinos though, it is Ocean Resort with the upper hand now. By taking advantage of the existing GAN partnership, the new casino gets to cut some corners and skip some paperwork to get to an online casino before Hard Rock does.

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As for Hard Rock? There has been no news on the online casino front so far, not even a software partner. Nonetheless, the assumption is the casino will go online eventually.

There are no official announcements from Hard Rock about online yet. However, internally the new property created an online department, headed up by Lee Terfloth. He previously worked for Borgata as an online gaming consultant and headed up Resorts Casino’s interactive department as well.

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This article may be outdated. Get the latest news on New Jersey here.

International online casino supplier GAN is going to increase its footprint in the US.

Already involved in New Jersey online casinos, GAN announced this week it would be powering the online gambling arm of the planned Ocean Resort Casino, formerly the Revel in Atlantic City.

The UK-based company offers turnkey software solutions for both social and real-money online gambling. Its 2017 year-end report reveals some big ambitions on this side of the Atlantic.

GAN’s business at a glance

GAN generates revenue by licensing patented software solutions to land-based casinos. It’s a business model that is in high demand in Europe, and the US is developing a need, too. Four states have legalized online gambling, and a host of others are considering it.

CEO Dermot Smurfit indicated that GAN generated positive EBIDTA for the whole of 2017. It’s profitable, in other words, after a long period of investment and development.

The company also expressed optimism for 2018 given the growing appetite for its products. It’s already made a couple of forward-thinking partnerships in the US.

GAN will power Ocean Resort’s online casino

Late last year, GAN quietly signed a multi-year agreement with AC Ocean Walk LLC, a then-unknown name in the gaming industry. A couple months later, the reasons for the partnership became evident.

AC Ocean Walk purchased the AC resort formerly known as Revel and TEN ACfor $200 million. The property is slated to reopen this summer as the Ocean Resort Casino, and online gambling will be a part of the plans. GAN will power its iGaming presence.

With GAN, the Ocean Resort gains immediate access to a platform that is already licensed and vetted in New Jersey. That should give it a way to make an impact in a market that is showing consistent growth. AC Ocean Walk has already applied for its casino license, and an online gambling license will likely follow right behind it.

More from GAN: “This new Internet gaming destination is currently expected to launch in H1 2018 and will contribute materially to GAN’s revenue and earnings in H2 2018.”

GAN building a portfolio

The Ocean Resort is the newest client in GAN’s growing portfolio. The company has more than a dozen active partnerships in social and real-money markets, both in the US and abroad.

It has already established a presence in New Jersey, where it powers the software behind the Betfair Casino. The aforementioned TEN also used GAN’s social gaming platform, even though the property never actually opened. The previous owner, Glenn Straub, never obtained a gaming license, so the new owners are already off to a more promising start in that regard.

GAN is set up in Pennsylvania, too. It drives Parx Casino’s social casino, which will likely expand into a real-money platform in 2018. The state just legalized online gambling late in 2017, and there’s little doubt Parx will launch a product. GAN’s good standing elsewhere bodes well for its licensing in PA and beyond.

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