The last week of January brought news of a unique deal between casino operator Penn National Gaming, owner of two casinos and two racinos in Ohio, and Barstool Sports.
Penn National will make an initial investment of $163 million for a 36% interest in the Barstool Sports media company. The initial ... Read More
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Contact Us Tag: casinos
17
Jun2019
The Ohio House and Senate have each introduced their own version of how sports betting should be regulated in the state. The Senate came first, introducing Senate Bill 111 in March. The House followed by introducing House Bill 194 in early April. There are differences between the two bills. Among ... Read More
June 17, 2019ogadmin
04
Apr2019
Name change was effective April 1. MGM Resorts International purchased the operating assets of Hard Rock from its sister company MGM Growth Properties, which purchased Hard Rock in 2018 for $1 billion. This is the largest racino in Ohio.
Facilities also underwent name changes. The Hard Rock Café is now the TAP ... Read More
April 4, 2019ogadmin
11
Oct2018
In July, MGM Properties purchased Hard Rock Rocksino, Ohio’s top gambling revenue generator, for $1 billion. Up until now, the Rocksino team stayed on to operate the facility. But beginning sometime in 2019 MGM Resorts will take over operation of the facility and employment of the workers. No word on if there ... Read More
October 11, 2018ogadmin
08
Oct2018
It has been rumored that Dan Gilbert, founder of Jack Entertainment, is looking to get out of the casino business. Jack Entertainment owns the Jack Cleveland and Jack Cincinnati casinos in Ohio, as well as the Jack Thistledown racino. They also operate the Greektown Casino-Hotel in Detroit, have an ownership ... Read More
October 8, 2018ogadmin
26
Jun2018
MGM Growth Properties out of Las Vegas has announced its intentions to purchase Hard Rock for $1.06 billion. MGM has indicated they will hold onto the real estate but sell the entities holding the gaming licenses and operating assets to a third-party operator.
June 26, 2018ogadmin
12
Jun2018
Depends on who you ask. Eilers & Krejcik Gaming is an outfit that tracks gambling legislation nationwide. They believe Ohio is one of 11 states that has a good chance of enacting sports gambling legislation. A report on ESPN has Ohio in the “no legislation activity yet” category, but Eilers ... Read More
June 12, 2018ogadmin
05
Dec2017
Casino employees are now allowed to gamble in casinos where they don’t work. They have always been allowed to gamble in racinos. Racino employees could always gamble at casinos or other racinos.
The rule against casino employees gambling has been in effect since Ohio legalized casinos. However, according to a bill ... Read More
December 5, 2017ogadmin
01
Dec2017
Hollywood Columbus was sanctioned for a second time by the Ohio Casino Control Commission. The casino was fined $10,000 and required to provide additional employee training. A number of casino operated slot machines had unapproved software. The casino also failed to properly maintain a list of those slot machines in ... Read More
December 1, 2017ogadmin
03
Feb2017
Barring an appeal, the final challenge to the constitutionality of Ohio’s casinos has ended. Last Fall, a Franklin County Court of Common Pleas judge ruled against Frederick Kinsey, the last of seventeen members of Ohio Roundtable who had filed a lawsuit in 2011 challenging the constitutionality of casino gambling in Ohio. The ... Read More
February 3, 2017ogadmin