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Access here alternative investment news about Luxor Capital Group A New Player In Atlantic City - Alton Telegraph
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Luxor Capital Group A New Player In Atlantic City - Alton Telegraph

by thetelegraph.com posted 2months ago 36 views
ATLANTIC CITY, N.J. (AP) — With the announcement last week that Luxor Capital Group, a New York-based private investment firm, had assumed majority control of Ocean Resort Casino, many are wondering what the future holds for the struggling property. "It's hard to say," said David G. Schwartz, director of the Center for Gaming Research at the University of Nevada-Las Vegas. "It certainly doesn't signal that (Luxor) had a lot of confidence in what was going on if they took control, but you never know."