Dan Gilbert Now Owns 100 Percent Of Ohio CasinosBillionaire NBA Owner Buys Out Caesars' Stake |
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Dan Gilbert’s Rock Gaming has announced that it has reached an agreement to acquire Caesars’ interest in two of Ohio’s four casinos, as well as a racino.
Caesars previously had 20 percent of the partnership’s overall Ohio gaming business. The firm, which is going through chapter 11 bankruptcy protection, reportedly will continue to manage the gambling facilities.
“The properties, which remain a part of Caesars’ Total Rewards network, are open for business and all operations will continue as usual. Guests will still be able to earn and redeem Total Rewards credits while maintaining their tier status and other accumulated benefits,” Rock Ohio CEO Matt Cullen said in a statement.
“We will continue to provide the same high quality experience and service guests have come to expect and remain committed to our casino investments and the communities where we operate."
According to Cleveland.com, Rock Ohio Caesars was formed in December 2010 by Rock Gaming and Caesars Entertainment to develop and operate casinos.
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