CINCINNATI — Hard Rock International has agreed to purchase and operate Jack Casino in Cincinnati and Turfway Park in Florence, Kentucky, according to a media release. Jack Cincinnati casino sold for $745 million. Published by Sam September 27, 2019 Categorie(s): Casino News. Hard Rock International has finalised its purchase of Jack Casino in Cincinnati. Jack Entertainment announced last Friday that its Cincinnati casino was sold to Hard rock international and VICI properties for $745 million. JACK Entertainment Closes $745M Deal on Cincinnati Casino to Hard Rock International, VICI Properties. Posted on: September 22, 2019, 12:20h. Last updated on: September 22, 2019, 06:14h. CINCINNATI - Jack Entertainment Chairman Dan Gilbert could fetch up to $2.7 billion if he cashed in all his chips on casino investments in Cincinnati, Cleveland, Detroit and elsewhere. Hard Rock International is buying Jack Cincinnati Casino and Turfway Park. On Friday, Jack Entertainment announced that it has entered into contracts to sell Jack Casino in Downtown Cincinnati and Change of ownership. JACK Entertainment has closed the sale of its JACK Casino in Cincinnati to Hard Rock International and VICI Properties. The news was announced only a couple of days after Hard Rock got approval as a new casino operator in the state, which was issued by the Ohio Casino Control Commission during its monthly meeting. Hard Rock got approval as a new casino operator in the state CINCINNATI -- Jack Entertainment will sell Jack Cincinnati Casino and Turfway park for $780 million pending approval, the company announced Friday. Hard Rock International and VICI Properties hope Hard Rock International completed its purchase of Jack Cincinnati Casino on Friday, according to a release from Jack Entertainment. The casino was bought for about $745 million. Hard Rock International and VICI Properties completed this past Friday the purchase of JACK Cincinnati Casino in a $745 million deal. Simultaneously with closing the transaction, the two companies entered into a triple-net lease agreement that will see Hard Rock lease the casino complex for $42.75 million a year for an initial 15-year term with the option for four five-year extensions.
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