Atlantic City’s Ocean Resort Casino (ORC) now belongs to a New York-based hedge fund that hopes to have better luck that the property’s three previous owners.

Earlier this month, ORC’s majority owner AC Ocean Walk LLC announced that it had sold its stake to an unidentified buyer. On Monday, that buyer was identified as Luxor Capital Group LP, a New York-based private equity firm.

Luxor was one of two principal lenders who bankrolled AC Ocean Walk owner Bruce Deifik’s January 2018 purchase of ORC (then known as Revel) for $229m. Deifik acquired the property from developer Glenn Straub, who paid just $82m for Revel at a bankruptcy auction in 2015.

Deifik, who said earlier this month that his family would retain a small stake in ORC, has apparently had a change of heart and rid himself of any further ties to the property.