Jacks casino cincinnati ohio

Jacks casino cincinnati ohio

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Hard Rock Casino Cincinnati

American casino

Hard Rock Casino Cincinnati (formerly Jack Cincinnati Casino and Horseshoe Cincinnati) is a casino in Cincinnati, Ohio, owned by Vici Properties and operated by Hard Rock International. It opened in

Casino[edit]

The two-story casino is , square feet (9,&#;m2) and has 2, slot machines, 85 table games and a table World Series of Poker room.[1] It is located on a acre (&#;ha) site on the northeast side of Downtown Cincinnati. Brick'd Pizza, Hard Rock Cafe, Council Oak Steaks & Seafood, and Constant Grind are located inside the facility.[2]

Gross casino revenues are taxed at 33 percent, one of the highest rates in the nation for a resort casino with this level of investment. Portions of the tax revenue are designated for public school districts; the four host cities; all 88 state counties; the Ohio State Racing Commission; law enforcement training; and research and treatment of problem gambling and substance abuse.[3]

History[edit]

Ohio voters approved a state constitutional amendment in November authorizing one casino in each of the state's four largest cities: Cleveland, Cincinnati, Columbus and Toledo.[4] It was the fifth statewide vote to legalize gambling in Ohio over 20 years.[5]

Construction at the site formerly known as Broadway Commons began in February [1][6] The Horseshoe Casino opened on March 4, It was the last of the four voter-approved full-service casinos to open in the state.[1]

Horseshoe Cincinnati was initially owned and operated by Rock Ohio Caesars, a joint venture between Caesars Entertainment and Dan Gilbert's Rock Gaming. Rock Ohio Caesars also opened Ohio’s first casino, Horseshoe Casino Cleveland, in May [7] Rock Ohio Caesars was the first operator to be licensed by the Ohio Casino Control Commission on May 2, [8]

The property was rebranded as Jack Cincinnati Casino in June , as part of Rock Gaming's rebrand to Jack Entertainment.[9]

In , Jack Entertainment sold the property for $ million to Vici Properties and Hard Rock International, with Vici acquiring the land and buildings for $ million and Hard Rock buying the operating business for $ million.[10][11][12] Hard Rock leased the casino from Vici for $43 million per year, and stated that it would rebrand the property as Hard Rock Casino Cincinnati.[10][12]

See also[edit]

References[edit]

  1. ^ abcCoolidge, Alexander. “Cincy casino to open March 4.” thisisnl.nl Cincinnati Enquirer, 12 Dec. Web. 12 Dec
  2. ^"Restaurants - JACK Cincinnati Casino". Archived from the original on Retrieved
  3. ^Myers, Amanda. “Cincinnati casino on pace to open in spring”. thisisnl.nl Associated Press, 6 Sep. Web. 12 Dec
  4. ^Sheeran, Thomas. “Horseshoe Casino, Cleveland Casino, Opens To The Public”. thisisnl.nl Associated Press, 14 May. Web. 12 Dec
  5. ^Ott, Thomas. "All Bets Are on." The Plain Dealer [Cleveland] 15 May A1+. Print.
  6. ^Demeropolis, Tom. “Horseshoe Casino Cincinnati announces opening date” thisisnl.nl Cincinnati Business Courier, 12 Dec. Web. 12 Dec
  7. ^Stutz, Howard. “Margaritaville Restaurant to open next year at Horseshoe Casino Cincinnati”. thisisnl.nl Las Vegas Review Journal, 3 Aug. Web. 12 Dec
  8. ^Provance, Jim. “Rock Ohio receives license to operate in Cleveland.” thisisnl.nl The Toledo Blade. 2 May. Web. 12 Dec
  9. ^"Jack Entertainment rebrands Ohio and Detroit casinos". Rock Gaming. 23 February Retrieved 5 June
  10. ^ abTom Demeropolis (September 20, ). "Cincinnati casino sells for $ million". Cincinnati Business Courier. Retrieved
  11. ^"State commission gives go-ahead for new Jack Casino ownership". Cincinnati CityBeat. August 22, Retrieved
  12. ^ ab"Vici Properties Inc. completes acquisition of Jack Cincinnati Casino and lease to Hard Rock International" (Press release). Vici Properties. September 20, Retrieved &#; via BusinessWire.

External links[edit]

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Источник: thisisnl.nl

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