HOLLYWOOD, Fla., 20th September 2019 / PRNewswire / – Together with VICI Properties Inc. (VICI), Hard Rock International expands its global gaming portfolio and announces the completion of the JACK Cincinnati Casino transaction. Through the joint purchase, Hard Rock acquired the casino’s operating assets, while VICI owns the land and real estate assets.
“We look forward to providing our guests in the region with our first-class experience and building on our success by and large Cleveland Area “said Jim Allen, Chairman and CEO of Hard Rock International. “On behalf of more than 45,000 employees worldwide, we welcome over 1,000 former JACK employees to our hard rock family.”
While the casino will continue to operate under its current brand name, Hard Rock Casino Cincinnati will be renamed and opened in spring 2020. The property is located on 22 acres in the Broadway Commons area of downtown Cincinnati and has over 100,000 square meters of gaming space with around 1,800 slot machines and 100 table games. In addition, the property includes 33,000 square meters of meeting space, six high-quality restaurants and two bars. Hard Rock will announce new property improvements at a later date.
“We are proud to partner with Hard Rock and further diversify our tenant roster with a leading international provider of gaming, entertainment and hospitality experiences and a prestigious global platform of 259 hospitality venues in 75 countries,” he said John Payne, President and Chief Operating Officer of VICI Properties.
For more information or to book a stay at one of the Hard Rock Hotels & Casinos, please visit hardrockhotels.com.
About Hard Rock®
With venues in 75 countries in 259 locations, including owned / licensed or managed hotels, casinos, Rock Shops® and cafes, Hard Rock International (HRI) is one of the world’s most recognized companies. Starting with a Eric Clapton Guitar, Hard Rock owns the world’s most valuable collection of music memorabilia, with more than 83,000 pieces on display in its locations around the world. In 2018, Hard Rock International was named Forbes Magazine’s Best Employer of the Year for Women and Land Operators at the Global Gaming Awards. In 2019, Hard Rock International was recognized as One of America’s Best Great Employers by Forbes Magazine, One of Forbes Magazine’s Best Workplaces for Women, and # 1 in JD Power’s 2019 Guest Satisfaction Survey for North American Upscale Hotels Hard Rock Destinations are located in the world’s largest international gateway cities, including the two most successful flagship properties in Florida and home of the world’s first Guitar Hotel® in South Floridawhere its headquarters are located. The brand is owned by HRI’s parent company The Seminole Tribe of Florida. For more information on Hard Rock International, visit www.hardrock.com or shop.hardrock.com.
Information on VICI properties
VICI Properties is an experienced real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-famous Caesars Palace. The national, geographically diverse portfolio of VICI Properties comprises 22 play facilities with an area of over 39 million square meters and includes around 14,800 hotel rooms as well as more than 150 restaurants, bars and nightclubs. The properties are leased to industry-leading gaming and hotel operators, including Caesars Entertainment Corporation and Penn National Gaming. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties’ strategy is to create the highest quality, most productive adventure property portfolio in the country. Further information is available at www.viciproperties.com.
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SOURCE Hard Rock
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