According to the Press of Atlantic City Ocean Casino Resort will spend $50 million this year on room and suite renovations, a casino expansion and new restaurants, the business said Monday.The property will renovate 559 hotel rooms and suites, double its Asian-themed gambling space, add new restaurants and create an indoor mini-golf course and bar.The work is part of a $270 million investment that the casino’s owners, Luxor Capital Group and Ilitch Holdings Inc., have committed to making in the property in recent years.