A court filing gave no details of the terms of the agreement other than that it was reached “amicably.”
Ocean has denied any wrongdoing.
But
Ocean would only say it is glad the matter has been resolved.
In a lawsuit filed last August, the Borgata, which is owned by
At particular issue was a cellphone one of the executives was said to have taken with him from Borgata to Ocean, containing priceless information on Borgata’s top customers — including their personal cellphone numbers, gambling preferences, likes and dislikes including favorite foods and beverages, how much the casino might be willing to discount large losses for them, and instances in which the casino might change the rules of some games for these players.
A judge later ordered the cellphone returned to the Borgata.
The lawsuit claimed one of the former Borgata executives oversaw that casino's highest-level customers: those who spent
The Borgata continues to lead the nine-casino market. But the lawsuit paints Ocean as “indisputably Borgata’s direct and primary competitor for high-level casino customers in Atlantic City” — an assertion that might raise a few eyebrows over at the Hard Rock casino.
Ocean is the former Revel casino, which shut down in 2014 after little more than two years of operation during which it never came close to making a profit. But having reopened in 2018 under the Ocean brand, and currently owned by
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