Casino Association of New Jersey president names Terry'Glebocki as CEO of Ocean
Publication date: May 12, 2021, 12: 01 hrs.
Last updated: may 11, 2021, 04: 07 h.
The Casino Association of New Jersey (CANJ) has found its next president through the ways of Terry Glebocki, a longtime veteran of the Atlantic City gaming industry who is now the general manager of Ocean Casino Resort.
CANJ had to find a successor to Steve Callender, who announced his retirement in March. The leading trade organization representing the interests of nine Atlantic City casinos in New Jersey's state capital Trenton said its members selected Glebocki to head the group.
"I am honored and humbled to succeed Steve Callender," Glebocki said in a statement. "Steve successfully led our organization during COVID - 19 pandemic and we are grateful for the strength and leadership he demonstrated during these unprecedented times.
I am excited to lead CANJ forward as we work to help Atlantic City and the region recover from this devastating pandemic and continue the ongoing revitalization of this world-class destination, "she added.
Following the nomination, Glebocki becomes the first female to lead CANJ.
Big shoes to fill
Glebocki replaces Callender, who has been involved in Atlantic City since the city withdrew its first legal bet in 1978. Callender rose from table games salesman at Resorts to oversee the city's many casino resorts.
Callender most recently served as regional president of the newly formed Caesars Entertainment. The company operates Caesars, Harrah's and Tropicana in the city.
Glebocki takes his place with more than three decades of experience in Atlantic City. Her career in the seaside gaming town dates back to 1987, when she was assistant controller of Bally's Grand. The Boardwalk resort later became the Atlantic City Hilton and eventually the Atlantic Club.
Glebocki joined former President Donald Trump's Trump Entertainment Resorts in 1991 to become vice president of finance for the casino operator. She held that position until 2007, when she joined Revel Entertainment Group, a company that would take five years to open the $2.4 billion Revel Casino Hotel.
The event ended in bankruptcy in 2014 before reopening as Ocean in 2018. Glebocki, who at the time served as executive vice president of Tropicana Entertainment, returned early to the former Revel 2019 as chief financial officer. Ocean, then wholly owned by New York-based hedge fund Luxor Capital, named its CEO the following December.
The days when conference rooms and executive suites at casinos in Las Vegas and Atlantic City were dominated by men are long gone.
MGM Resorts followed in Ocean's footsteps in early 2020 when it appointed Melonie Johnson to run the Borgata. Currently, three of the city's nine casinos are headed by women. Along with Glebocki and Johnson, Jacqueline Grace is senior vice president and general manager of Tropicana.
Johnson was the first African-American woman to be named to the Atlantic City Casino, and Grace Second.
"I am proud of my female executives who are paving the way for other talented women to join the leadership ranks, further transforming the games industry into a more diverse and dynamic workplace," - Glebocki added this week.