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Caesars’ Kevin Ortzman Named to CRDA

Caesars’ Kevin Ortzman Named to CRDA

Kevin C. Ortzman, president of Bally’s Atlantic City and Caesars Atlantic City, has received a two-year appointment to New Jersey’s Casino Reinvestment Development Authority Board of Directors.

The appointment comes from New Jersey Governor Chris Christie. Ortzman joins Mark Giannantonio, president and CEO of Resorts Casino Hotel, as the casino industry’s representatives on the board.

Also reappointed to new terms were Chairman Robert E. Mulcahy III, Debra P. DiLorenzo, Gary L. Hill, Frank Spencer, Edward H. Gant and Howard J. Kyle.

The authority—which is funded by a tax on city casinos—oversees Atlantic City’s tourism district and funds redevelopment projects in the resort and around the state, although recent legislation has directed much of the authority’s redevelopment funding to be used to offset Atlantic City’s large municipal debt.

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