Theresa (Terry) Glebocki, Chief Executive Officer of Ocean Casino Resort
By Donald B. Kravitz
The Atlantic City gaming industry represents a shining light in the New Jersey economy. The industry has a huge impact on the area and what it represents in the way of business with suppliers and vendors. One of those properties that is a major part of Atlantic City gaming is Ocean Casino Resort. Below is the future outlook for the property from Theresa (Terry) Glebocki, Chief Executive Officer of Ocean Casino Resort.
How does it feel to be one of the pioneering female leaders in the gaming industry?
“It is important to have diversity in the workplace in any industry; men/women, young/old, different nationalities, and different backgrounds. Diversity gives a wide array of ideas and helps tackle difficult problems.
“As for me, it’s an exciting time for me and the company. I joined the team as CFO and worked very hard to help “right the ship.” Having been here 12 months and now the CEO, I’m enthusiastic about the opportunity to lead the team responsible for making Ocean Casino Resort successful.”
What do you envision implementing in 2020?
“I am looking forward to our plans for 2020, and I know guests will be thrilled as well. We will be enhancing and adding new gaming experiences for our guests. We are planning a major investment in a new high-limit slot experience that will position Ocean as a premier gaming destination in Atlantic City. We also plan on a significant investment in our table games experience and continued reinvestment in both our players and employees.
“We are also in conversations with business partners interested in providing even more amenities and services that will really “wow” our guests. We will continue our compelling marketing approach because we know it’s a major driver for our guests. We have no plans of slowing down, and we are excited to carry our momentum into 2020.”
What is the value of sports betting?
“The William Hill Sportsbook at Ocean is widely considered one of the best rooms in town. The energy and excitement in that room on game days is something to witness and experience. The room includes state-of-the-art video displays and is located at the heart of our casino floor, so it’s in the center of all the action! We also have three skybox suites that offer the ultimate VIP experience.”
We believe the business will continue to build and we’re excited for a busy first quarter with major sporting events such as the Super Bowl and March Madness.”
Atlantic City climate affects if at all, Ocean going forward?
“Ocean is a stand alone asset, and that comes with challenges as well as opportunities. The company is only 20 months old competing against larger brands that have been marketing for over 40+ years and in multiple jurisdictions. However, as a stand alone property with great depth in AC experience, the team can make adjustments very quickly. We are more agile than the “big guys” and that has its advantages.
Atlantic City is an extremely competitive market and our guests are knowledgeable. They demand great offers, great service, and great value. We are prepared on all fronts to give our guests what they want. What sets Ocean apart is that we offer the best product in the northeast and offer the most rewards. Ocean Casino Resort is a must-see destination located on the beach with an ocean view from every angle, including floor to ceiling windows showcasing the views in every room.
We were Voted #1 Casino in AC, Best Rooms, Best Comps, and Best Players Clubs, just to name a few.
We’ve taken a casino first philosophy, and we put our casino guests first in absolutely everything we do from offers to comp rooms to entertainment.”
What is planned for Ovation Hall in 2020?
“We are building our entertainment brand and adding more concerts in 2020. In 2019, we had 42 dates books and we are projecting over 60 days for the coming year.
Ovation Hall remains a great concert venue and one of the best in Atlantic City due to its presentation, viewing, and sound system. This unique experience offers something for everyone, live music, comedy, mixed martial arts, boxing and so much more.” https://www.theoceanac.com/venues/ovation-hall/
What do you do for fun?
“I enjoy spending time with my husband and two daughters, spending time on the water, and challenging myself to take the stairs whenever possible! But I’m also thoroughly enjoying being part of the revitalization of this magnificent facility and meeting so many wonderful guests and team members.”
Terry Glebocki, CEO
Theresa (Terry) Glebocki serves as Chief Executive Officer of Ocean Casino Resort. She joined Ocean in February 2019 as the casino’s Chief Financial Officer. She was appointed interim CEO in August 2019 and was named CEO in December 2019. She brings more than 30 years of leadership experience to the role.
Prior to joining Ocean, Ms. Glebocki was VP of Finance for Trump Entertainment Resorts, Inc., Chief Financial Officer at the former Revel and most recently served as Corporate CFO for Tropicana Entertainment Inc.
From 2015 to 2018, she was part of Tropicana’s corporate executive team responsible for increasing the company’s EBITDA by 92% over a three-year period. During her tenure there, the property also saw significant growth in other areas including margin improvements and net revenues. In 2007, Ms. Glebocki joined Revel Entertainment Group, LLC to oversee both the development and financial operations as the company’s VP of Finance and was later promoted to Chief Financial Officer and Treasurer in 2013.
From 1987 to 1991, Ms. Glebocki worked as an auditor and later assistant controller for Bally’s Grand. Prior to joining the gaming industry, she started her career in public accounting as a senior auditor for Deloitte & Touche.
Ms. Glebocki holds a Bachelor of Science degree in accounting from Lehigh University in addition to a Certified Public Accountant license (inactive) issued by the State of Pennsylvania.
Donald B. Kravitz is an Entertainment & Special Events photographer for national publications including Getty Images & Miss America
