Cleveland, OH 44128 JACK Cleveland Casino 100 Public Sq, Cleveland, OH 44113 Casino 21501 Emery Rd, Cleveland, OH 44128 The Ritz-Carlton, Cleveland 1515 West Third Street, Cleveland, OH 44113 Hollywood Gaming at Mahoning Valley Race Course. Jack Cleveland Casino (formerly Horseshoe Cleveland) is a casino in downtown Cleveland, Ohio, owned and operated by Jack Entertainment. Jack Cleveland Casino is located in the former Higbee Building at Tower City Center in downtown Cleveland. 1 It has 96,000 sq ft (8,900 m 2) of gaming space.

Jack Thistledown Racino is a thoroughbredracetrack and casino in North Randall, Ohio, at the outskirts of the city of Cleveland. It is owned by Vici Properties and operated by Jack Entertainment.

History and Information[edit]

The track came under the regulation of the Ohio Racing Commission in 1931 when it was formed. The track is the home of the Ohio Derby, the only graded stakes race in Ohio.

The track races under the Ohio 7/7 Program which means that live racing is held at two locations in the state at the same time. During the summer Thistledown races seven races on a card and Belterra Park (formerly River Downs) races the other seven. In September, Beulah Park takes over for Belterra Park. Ohio racing is dark January to March. The track declined in recent years due to summertime competition and the lack of slot machines that neighboring tracks have.

In 2007, Thistledown's parent company, Magna Entertainment, announced that the racetrack was for sale. As a result of staggering losses in which Magna Entertainment reported net losses of $87.4 million in 2006, $105.3 million in 2005 and $95.6 million in 2004, and has an accumulated deficit of $393.8 million as of March 31, 2007, Magna Entertainment stated: 'Accordingly, the company's ability to continue as a going concern is in substantial doubt and is dependent on the company generating cash flows that are adequate to sustain the operations of the business, renew or extend current financing arrangements and maintain its obligations with respect to secured and unsecured creditors, none of which is assured...'. Once-thriving Thistledown, which hosts the $300,000 Ohio Derby, posted a pretax loss of $4.5 million in 2006.^[1][2] Thistledown and parent company, Magna Entertainment, recently filed for Chapter 11 bankruptcy.

Thistledown was purchased in 2010 by Harrah's Entertainment (now Caesars Entertainment) for $43 million. The track was subsequently contributed to a Caesars joint venture with Rock Gaming in Summer 2012.

In June 2012, the State of Ohio inked a memorandum of understanding authorizing the state's seven racetracks to offer video lottery terminals (VLTs), and permitted some tracks to relocate to less gaming-concentrated areas of the state.^[3]

In August 2012, Rock Ohio Caesars announced plans to invest $88 million to develop a racino at the existing North Randall site. Enhancements to the facility include transforming the main floor of ThistleDown’s grandstand into a 57,000 sq. ft. gaming space that will offer approximately 1,150 VLTs. Plans also included a 60-seat restaurant, two food court outlets, and a lounge.^[4][5]

Rock Gaming acquired Caesars Entertainment's 20% stake in Rock Ohio Caesars in February 2015,^[6] and later in the year announced that it would assume management of the properties, including Thistledown.^[7] Rock Gaming announced in February 2016 that the company and its casinos would rebrand under the Jack name.^[8] The racino closed for a day in March 2016 to undergo its transition to the Jack name and management.^[9]

In 2020, Jack sold Thistledown in a leaseback deal to Vici Properties, with Vici buying Thistledown and Jack Cleveland Casino for a total of $843 million, and renting the two properties back to Jack for $66 million per year.^[10]

On March 13, 2020, the track was closed until further notice following the directive from the State of Ohio and to comply with the Director of Ohio Department of Health's Order related to mass gatherings.^[11]

Physical Attributes[edit]

The track has a one-mile dirt oval. There is no turf course.

Racing[edit]

The track's premier race is the Grade IIIOhio Derby. The track also hosts numerous overnight handicaps and minor stakes during its April to September racing season. Ungraded handicaps and stakes run in 2010 are:^[12]

• Angenora Stakes
• Dr. T. F. Classen Memorial Stakes
• Mike Rowland Memorial Handicap
• J. William (Bill) Petro Memorial Handicap
• Cleveland Gold Cup
• Rose DeBartolo Memorial Stakes
• George Lewis Memorial Stakes
• Cleveland Kindergarten Stakes
• Miss Ohio Stakes
• Governor's Buckeye Cup
• Best of Ohio Distaff
• Best of Ohio Endurance
• Best of Ohio Sprint
• Juvenile Stakes
• Honey Jay Stakes

See also[edit]

References[edit]

1. ^http://blog.cleveland.com/metro/2007/09/there_it_goes_thistledown_up_f.html
2. ^https://www.washingtonpost.com/wp-dyn/content/article/2007/09/06/AR2007090602281.html
3. ^http://www.cleveland.com/metro/index.ssf/2012/06/thistledown_agreement_outlines.html
4. ^http://www.cleveland.com/metro/index.ssf/2012/08/thistledown_approved_to_obtain.html
5. ^Thomas Ott (April 9, 2013). 'Thistledown draws a crowd for opening of Ohio's second racino'. The Plain Dealer. Cleveland, OH. Retrieved 2013-04-11.
6. ^Karen Farkas (February 26, 2015). 'Rock Ohio Ventures buy Caesar's 20 percent interest and now owns Horseshoe Casino Cleveland, Thistledown and other entities'. The Plain Dealer. Cleveland, OH. Retrieved 2016-05-04.
7. ^Karen Farkas (November 2, 2015). 'Rock Gaming takes over management of Horseshoe Cleveland Casino from Caesar's Entertainment'. The Plain Dealer. Cleveland, OH. Retrieved 2016-05-04.
8. ^Michael Martinez (February 23, 2016). 'Greektown Casino to be renamed 'Jack''. Detroit News. Retrieved 2016-05-04.
9. ^Karen Farkas (March 9, 2016). 'Jack's got an attitude, unveiled at Thistledown Racino'. The Plain Dealer. Cleveland. Retrieved 2016-05-12.
10. ^Howard Stutz (January 25, 2020). 'VICI finalizes purchase of two Cleveland-area casinos; leases properties back to Jack Entertainment'. CDC Gaming Reports. Retrieved 2020-09-29.
11. ^https://twitter.com/JACKThistledown
12. ^http://www.thistledown.com/Horsemen/StakesSchedule/

External links[edit]

Jack Cleveland Casino (formerly Horseshoe Cleveland) is a casino in downtownCleveland, Ohio, owned by Vici Properties and operated by Jack Entertainment.

Casino[edit]

Jack Casino Cleveland Ohio Address Request

Jack Cleveland Casino is located in the former Higbee Building at Tower City Center in downtown Cleveland.^[1] It has 100,000 sq ft (9,300 m²) of gaming space. The casino has 1,609 slot machines, 119 table games, 28 poker tables, and 35 electronic table games. The casino is accessible from Public Square, but is also accessible from the Terminal Tower and the Tower City Center shopping mall. The casino has teamed with the Renaissance, the Ritz-Carlton, and the Marriott at Key Center to offer rooms to its guests, and Rock Ohio Caesars purchased the Ritz-Carlton from Forest City Enterprises.^[2] The casino is open 24 hours a day and is completely smoke-free, compliant with Ohio law. Since the casino has limited dining options, it has partnered with nearly a dozen downtown Cleveland restaurants.

History[edit]

Ohio voters approved (53%) a state constitutional amendment in November 2009 authorizing casinos in the state’s four largest cities: Cleveland, Cincinnati, Columbus and Toledo.^[3] It was the fifth statewide vote to legalize gambling in Ohio over 20 years.^[4]

Horseshoe Cleveland opened on May 14, 2012 as the first casino in the state of Ohio.^[5] It was developed by Rock Ohio Caesars, a joint venture between Caesars Entertainment and Dan Gilbert's Rock Gaming, and managed by Caesars.

Hollywood Casino Toledo, developed and operated by Penn National Gaming, opened on May 29, followed by Hollywood Columbus, which opened on October 8, 2012.^[6] Rock Ohio Caesars also developed Horseshoe Casino Cincinnati, which opened on March 4, 2013.^[7]

Gross casino revenues are taxed at 33 percent, one of the highest rates in the nation for a resort casino with this level of investment. Portions of the tax revenue are designated for public school districts; the four host cities; all 88 state counties; the Ohio State Racing Commission; law enforcement training; and research and treatment of problem gambling and substance abuse.^[8] The bipartisan Ohio Casino Control Commission was created in 2011 to develop rules for casino gaming in Ohio, to license operators and to regulate and ensure the integrity of operations. It is also funded by casino tax revenue.^[9]

Rock Gaming acquired Caesars Entertainment's 20% stake in Rock Ohio Caesars in February 2015,^[10] and later in the year announced that it would assume management of the properties, including Horseshoe Cleveland.^[11] Rock Gaming announced in February 2016 that the company and its casinos would rebrand under the Jack name.^[12] The casino closed for 40 hours in May 2016 to undergo its transition to the Jack name and management.^[13][14]

In 2020, Jack Entertainment sold the casino's real estate to Vici Properties and leased it back.^[15]

See also[edit]

References[edit]

1. ^Cain, Brenda (July 13, 2015). 'Tower City falters after big name beginning (vintage photos)'. Cleveland.com. Advance Publications. Retrieved May 11, 2016.
2. ^Jarboe McFee, Michelle (December 9, 2011). 'Rock Ohio Caesars to buy Ritz-Carlton in downtown Cleveland, acquires 250 Huron offices'. The Plain Dealer. Cleveland: Advance Publications. Retrieved October 16, 2012.
3. ^Sheeran, Thomas. 'Horseshoe Casino, Cleveland Casino, Opens To The Public'. AP.org. Associated Press, 14 May. 2012. Web. 12 Dec 2012.
4. ^Ott, Thomas. 'All Bets Are on.' The Plain Dealer [Cleveland] 15 May 2012: A1+. Print.
5. ^Ott, Thomas (May 14, 2012). 'Ohio begins casino gambling era in Cleveland'. Cleveland.com. Cleveland: Advance Publications. Retrieved October 16, 2012.
6. ^'More competition for Detroit: Second Ohio casino opens in Toledo.' Ap.org. Associated Press, 29 May. 2012. Web. 12 Dec 2012.
7. ^Coolidge, Alexander. 'Cincy casino to open March 4.' Cincinnati.com. Cincinnati Enquirer, 12 Dec. 2012. Web. 12 Dec 2012.
8. ^Myers, Amanda. 'Cincinnati casino on pace to open in spring'. AP.org. Associated Press, 6 Sep. 2012. Web. 12 Dec 2012.
9. ^Bell, Jeff. 'Casino commission's hiring spree to begin.' Bizjournals.com. Cincinnati Business Courier, 12 Dec. 2012. Web. 12 Dec 2012.
10. ^Farkas, Karen (February 26, 2015). 'Rock Ohio Ventures buy Caesar's 20 percent interest and now owns Horseshoe Casino Cleveland, ThistleDown and other entities'. Cleveland.com. Cleveland: Advance Publications. Retrieved May 4, 2016.
11. ^Farkas, Karen (November 2, 2015). 'Rock Gaming takes over management of Horseshoe Cleveland Casino from Caesar's Entertainment'. Cleveland.com. Cleveland: Advance Publications. Retrieved May 4, 2016.
12. ^Michael Martinez (February 23, 2016). 'Greektown Casino to be renamed 'Jack''. The Detroit News. Digital First Media. Retrieved May 4, 2016.
13. ^Karen Farkas (May 2, 2016). 'Horseshoe Casino Cleveland closing May 10 for 40 hours to become Jack Casino'. Cleveland.com. Cleveland: Advance Publications. Retrieved May 4, 2016.
14. ^Farkas, Karen (May 11, 2016). 'Jack Cleveland Casino opens for business after transformation from Horseshoe'. Cleveland.com. Cleveland: Advance Publications. Retrieved May 12, 2016.
15. ^Stutz, Howard (January 25, 2020). 'VICI finalizes purchase of two Cleveland-area casinos; leases properties back to Jack Entertainment'. CDC Gaming Reports. Retrieved September 29, 2020.

External links[edit]

Jack Casino Cleveland Ohio Address Directory

Jack Casino Cleveland Ohio Address Search