Tag: Hard Rock Rocksino

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

18

Mar2019
All eleven of Ohio’s gambling establishments experienced revenue increases over February, 2018. Among the casinos, Hollywood Columbus led the way with revenue of $19.1 million, a 2.7% increase from a year ago. JACK Cincinnati experienced the greatest increase. Revenue of $17.8 million was a 4.7% increase. JACK Cleveland was up 4.3% ... Read More

04

Feb2019
2018 was another record year for revenues generated by Ohio’s eleven gambling establishments. The $1.86 billion was a 4% increase over 2017’s $1.78 billion. Since the first casino opened in 2012, a new revenue record has been set each year. The four casinos generated revenues of $837 million, a 2.3% increase ... Read More

20

Dec2018

Casino News

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The Hard Rock Rocksino will be renamed in 2019 after MGM takes over operation. No word on what the new name will be. In July, MGM purchased Hard Rock for $1 billion. JACK Entertainment, which owns and operates two casinos and a racino in Ohio, has sold its Detroit Greektown casino for $1 ... Read More

13

Dec2018
Nine of Ohio’s eleven gambling institutions saw an increase in revenue over November of 2017. Hollywood Columbus led the way among the casinos. The $18.5 million in revenue was a 5.1% increase over November of 2017. The JACK casinos also saw revenue increases from a year ago. JACK Cleveland, $17.4 million, 2.9% increase; and ... Read More

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

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.

05

Jan2018
The Cincinnati casino generated its most revenue since opening in 2013. Revenue of $198 million slightly surpassed the $197.8 million in 2014. Jack Cleveland was the only casino to experience a decline in revenue compared to 2016. Hollywood Columbus generated the most revenue among the casinos. Its $220.9 million was ... Read More

22

Jun2016
Ohio’s four casinos all experienced revenue declines from a year ago while the seven racinos all had revenue increases. JACK Cleveland, which recently closed for 40 hours for their makeover, experienced the largest decline. Revenues of $16 million were down 15% from a year ago. Hollywood Columbus ($17.8 million) and Horseshoe Cincinnati ($16.2 ... Read More

18

Apr2016

Revenues Up in March

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Two of the four casinos and six of the seven racinos saw revenue increases over a year ago. Horseshoe Cleveland had the highest revenues among the casinos with $19.6 million. However, this was a 1% decline from a year ago. Hollywood Columbus, with revenues of $19 million, was up 4% from a ... Read More