New Jersey's Supreme Court rejected Ocean Casino Resort's request for insurance payouts, stating that the COVID-19 outbreak didn't meet the necessary conditions for such claims.
The court highlighted the casino's financial recovery and continued success in Atlantic City.
Despite the operator's hopes, the verdict emphasized that the virus didn't qualify for business interruption insurance payouts.
The court highlighted the casino's financial recovery and continued success in Atlantic City.
Despite the operator's hopes, the verdict emphasized that the virus didn't qualify for business interruption insurance payouts.