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Hard Rock Casino Cincinnati
American casino From Wikipedia, the free encyclopedia
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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 2013.
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Casino
The two-story casino is 100,000 square feet (9,300 m2) and has 2,000 slot machines, 85 table games and a 31-table World Series of Poker room.[1] It is located on a 23-acre (9.3 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]
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Ohio voters approved a state constitutional amendment in November 2009 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 2011.[1][6] The Horseshoe Casino opened on March 4, 2013. 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 2012.[7] Rock Ohio Caesars was the first operator to be licensed by the Ohio Casino Control Commission on May 2, 2012.[8]
The property was rebranded as Jack Cincinnati Casino in June 2016, as part of Rock Gaming's rebrand to Jack Entertainment.[9]
In 2019, Jack Entertainment sold the property for $745 million to Vici Properties and Hard Rock International, with Vici acquiring the land and buildings for $558 million and Hard Rock buying the operating business for $187 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]
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