Since his initial appointment by the company in July 2020, Callahan has held four separate positions, earning promotions from SVP of Hospitality to EVP of Hospitality & Gaming in July 2021, then onto Interim CEO four months later.
As General Manager, Callahan will be tasked with the full responsibility of running the casino, helping the company meet its financial targets and growth strategy, while overseeing any legal and regulatory processes.
Bruce Dall, President, Ocean Casino Resort, commented: “Bill is a 25-year veteran of the gaming industry who has done a great job since joining the team at Ocean. He has been an integral part of enhancing the guest experience across the property, while helping to build the best hospitality team in the market.
“We are confident in Bill's ability to lead Ocean forward as we become the premier gaming destination in Atlantic City.”
The resort has stated its intentions to improve even further after its strongest financial year since opening in 2012.
Its parent company, Luxor Capital Group, is raising a $75m investment by selling 50% of its stake in the casino to Ilitch Holdings. The funds will be used to improve the venue by adding an additional 460 hotel rooms and suites.
Last summer, it was announced that a $15m investment would be used to renovate the casino itself, including a redesigned floor and new customer experiences.
