Richard Stockton College has combined two of its business-school sectors into the Lloyd D. Levenson Institute for Gaming and Hospitality Management
The Richard Stockton College of New Jersey, located in Pomona, just outside Atlantic City, has received a generous donation from prominent area attorney Lloyd D. Levenson. Thanks to his contribution, there is now a sector of Stockton’s School of Business called the Lloyd D. Levenson Institute for Gaming and Hospitality Management.
School officials say it will combine the research, training and management components of the Stockton Institute for Gaming Management (SIGMA) and those of the College’s Center on Hospitality and Tourism Research (CHTR).
“Analysis and strategic planning by our School of Business has shown that the region would benefit from impartial research, as well as training programs, surveys and other services critical to the gaming and hospitality industries and Stockton has made a commitment to develop this institute,” Stockton’s president Herman J. Saatkamp, Jr. said in a release to the media.
The college plans to raise a $1 million endowment to fund the new institution. Levenson’s unwavering support for the college throughout the years is even more apparent now, as he has contributed significantly to this goal. His wife, Liane, currently works at Stockton and is one of the reasons why he has decided to donate to the college.
“I took a walk around there a few weeks ago, and I saw the expansion and watched the students, and they seem really serious and happy to be there,” Levenson was quoted as saying in the release.
Levenson has been a longtime friend of the college. He has served as chairman of the Scholarship Gala and has been an avid supporter of many college activities. He is also one of the nation’s most respected casino-law experts. Among his other notable community activities, Levenson is also a member of D.A.R.E. New Jersey and D.A.R.E. America, and has received D.A.R.E.’s Future of New Jersey Award.
Saatkamp opted to go to Levenson for assistance for both his great services to the community as well as his extensive experience as a trial attorney and broad knowledge of casino regulations. Various casino executives and casino vendors have all had help from Levenson at one time or another.
The Lloyd D. Levenson Institute will be assimilating two already well-established Stockton centers into one all-embracing institute. SIGMA provides a gaming management curriculum with customized training programs and workshops as well as other services and programs pertaining to the gaming industry. The CHTR collects tourism and hospitality information on a statewide level while also conducting applied research activities and hosting lectures from distinguished guests.
“It’s a proud day for Stockton to add the name Lloyd D. Levenson to an Institute that will have far-reaching benefit to our community and beyond,” said Saatkamp. “His efforts and generosity promote one of the region’s most important economic drivers and benefits our entire community and state.”
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