{"id":121365,"date":"2019-12-03T10:06:40","date_gmt":"2019-12-03T18:06:40","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=121365"},"modified":"2019-12-03T11:56:14","modified_gmt":"2019-12-03T19:56:14","slug":"ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/","title":{"rendered":"Ocean Casino Resort Names Terry Glebocki CEO – But Female Leadership Remains Low in Gaming Industry"},"content":{"rendered":"

Ocean Casino Resort has named Terry Glebocki its permanent CEO of the Atlantic City boardwalk property, an appointment that adds a woman to a prominent leadership position in an industry that’s dominated by men.<\/p>\n

\"Ocean
Terry Glebocki is tasked with making Ocean Casino more competitive against its Atlantic City neighbors. (Image: Ocean Casino\/LinkedIn\/Casino.org)<\/figcaption><\/figure>\n

After New York hedge fund Luxor Capital acquired the fiscally troubled casino from developer Bruce Deifik in February of this year, the company announced CEO Frank Leone was being replaced.<\/p>\n

Eric Matejevich took over as interim CEO, and Glebocki was appointed the casino’s new chief financial officer. Ten months later, she’s being promoted to chief executive.<\/p>\n

\n

It’s a very exciting time to be at the helm of the property,” Glebocki said. “I look forward to working with the management team and all our team members to continue to meet property goals. We have many announcements planned for 2020.”<\/p>\n<\/blockquote>\n

Glebocki knows resurrecting the casino resort and turning it profitable will be no easy task. She was part of the management team when the $2.4 billion property opened as Revel in April 2012, only to close a little more than two years later in September 2014.<\/p>\n

Through three quarters in 2019, Ocean Casino has reported a gross operating loss<\/a> of $2.5 million.<\/p>\n

Casino Women Leaders<\/b><\/h2>\n

Glebocki’s appointment to CEO is a rarity in the gaming industry. That’s begun to change slightly after the alleged sexual misconduct by Steve Wynn was exposed in January 2018. Wynn has denied any wrongdoing, but resigned from the company that bears his name.<\/p>\n

\n

A year ago this month, Marilyn Spiegel was named president of Wynn Las Vegas<\/a>. She became just the third woman in the history of Las Vegas to oversee a Strip casino resort.<\/p>\n<\/div>\n

The other two were Claudine Williams, who ran the Holiday Inn-Holiday Casino until it was sold in the 1980s, and Eileen Moore, who is the president for Caesars’ Flamingo, Linq, and Cromwell casinos.<\/p>\n

Similarly to Wynn Las Vegas, Ocean Casino’s past has allegations of a former executive using his power to take advantage of women. Before he died in an April 2019 car crash, Deifik was accused in a lawsuit of inviting women to his presidential suite, where they “felt uncomfortable with the long and heavy hugs extended by the married Deifik.”<\/p>\n

Deifik’s death added to the Revel\/TEN\/Ocean Casino rumored curse. Prior to its 2012 opening, six Revel executives died in a private plan crash. In 2013, two guests were found dead in a Revel hotel room, a drug overdose later blamed.<\/p>\n

And in 2013, then-NFL running back Ray Rice was captured on surveillance video assaulting his fianc\u00e9 and knocking her out cold in an elevator. Rice was suspended and never played another NFL game.<\/p>\n

Male Dominance<\/b><\/h2>\n

Chief executive roles remain overwhelmingly occupied by men. Fortune <\/i>says just 33 women are CEOs of the Fortune 500 companies, up from 24 a year ago, and an all-time high.<\/p>\n

Of the collective 33 executive positions at MGM Resorts, Caesars Entertainment, Las Vegas Sands, and Wynn Resorts, only seven are held by females (21.2 percent).<\/p>\n","protected":false},"excerpt":{"rendered":"

Ocean Casino Resort has named Terry Glebocki its permanent CEO of the Atlantic City boardwalk property, an appointment that adds a woman to a prominent leadership position in an industry that’s dominated by men. After New York hedge fund Luxor Capital acquired the fiscally troubled casino from developer Bruce Deifik in February of this year, […]<\/p>\n","protected":false},"author":25,"featured_media":121369,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,33810],"tags":[],"acf":[],"yoast_head":"\nOcean Casino Resort Names Terry Glebocki CEO of Atlantic City Property<\/title>\n<meta name=\"description\" content=\"Ocean Casino Resort in Atlantic City has name Terry Glebocki its CEO, putting a woman into the chief executive capacity at a major gaming property.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ocean Casino Resort Names Terry Glebocki CEO of Atlantic City Property\" \/>\n<meta property=\"og:description\" content=\"Ocean Casino Resort in Atlantic City has name Terry Glebocki its CEO, putting a woman into the chief executive capacity at a major gaming property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-03T18:06:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-03T19:56:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/12\/collage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"756\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/\",\"url\":\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/\",\"name\":\"Ocean Casino Resort Names Terry Glebocki CEO of Atlantic City Property\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/12\/collage.jpg\",\"datePublished\":\"2019-12-03T18:06:40+00:00\",\"dateModified\":\"2019-12-03T19:56:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Ocean Casino Resort in Atlantic City has name Terry Glebocki its CEO, putting a woman into the chief executive capacity at a major gaming property.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/ocean-casino-resort-names-terry-glebocki-ceo-female-remains-low\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/12\/collage.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/12\/collage.jpg\",\"width\":1200,\"height\":756,\"caption\":\"Terry Glebocki is tasked with making Ocean Casino more competitive against its Atlantic City neighbors. 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