|
Vici Properties
Vici Properties Inc. is a real estate investment trust (REIT) specializing in casino properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It owns 44 casinos, hotels, and racetracks and 4 golf courses throughout the United States. History Vici Properties was formed as part of the Chapter 11 bankruptcy reorganization of Caesars Entertainment Operating Company (CEOC), the largest division of Caesars Entertainment. After placing CEOC into bankruptcy in January 2015, Caesars proposed splitting CEOC into two companies: a REIT, which would own the company's casinos, and an operating company, which would manage them. The plan was designed to maximize value for CEOC's creditors by taking advantage of favorable tax treatment for REITs. Several members of Congress opposed the plan, calling it an abuse of the REIT laws. They asked the Internal Revenue Service to deny tax-free status to the sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MGM Resorts International
MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gaming (lodging, food, retail) revenue began to outpace gaming receipts and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gaming industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isle Casino Cape Girardeau
Century Casino Cape Girardeau, formerly Isle Casino Cape Girardeau, is a casino in Cape Girardeau, Missouri. It opened on October 30, 2012, as Missouri's 13th and final facility. It is owned by Vici Properties and operated by Century Casinos. Century Casino has over 900 slot machines and 21 table games. The casino also has of meeting and event space with room for 500 guests. The casino has four restaurants on-site. In December 2019, Eldorado Resorts sold the Isle Casino, along with two other properties, to Century Casinos and Vici Properties. Century bought the casino's operating business for $66 million, while Vici bought the land and buildings for $114 million and leased them to Century. Century stated that the casino would be renamed as Century Casino Cape Girardeau, and that they planned to eventually add a hotel. See also * List of casinos in Missouri This is a list of casinos in Missouri. List of casinos Gallery File:Retired Admiral casino ship.jpg, File:River City ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Century Casinos
Century Casinos, Inc. is a gaming company based in Colorado Springs, Colorado. The company operates ten casinos in Colorado, Missouri, West Virginia, and Alberta. It also operates casinos on four cruise ships for TUI Cruises. It owns a 67 percent share in Casinos Poland, which owns and operates seven casinos in Poland. History Century Casinos was formed in 1992 by several executives of Casinos Austria. In early 1993, the company signed on to manage a proposed riverboat casino in St. Charles Parish, Louisiana. The proposal was blocked, however, by parish officials. The casino's developer bought out Century's management agreement in 1995 for $4 million, and relocated the project, which eventually opened as Isle of Capri Casino Lake Charles. In Indiana, which had recently legalized riverboat casinos, Century revealed two proposals in September 1993: one casino to be built in Gary in partnership with local investors, and another to be built in Vevay. Within months, the company d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eldorado Resorts
Caesars Entertainment, Inc., formerly Eldorado Resorts, Inc., is an American hotel and casino entertainment company founded and based in Reno, Nevada that operates more than 50 properties. Eldorado Resorts acquired Caesars Entertainment Corporation and changed its own name to Caesars Entertainment on July 20, 2020. History The company traces its history back to the development of the Eldorado Hotel in Reno, which was opened on May 24, 1973, by a group of investors that included Don Carano and other members of the Carano family. On July 28, 1995, the Eldorado opened the adjacent Silver Legacy Resort Casino in partnership with Circus Circus Enterprises. The Eldorado companies were reorganized in 1996 as Eldorado Resorts LLC in connection with a $100-million bond offering. In 2005, the company took over the bankrupt Hollywood Casino Shreveport in Louisiana, buying a 76 percent stake in the property for $154 million. It was then rebranded as the Eldorado Casino Shreveport. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Rock International
Hard Rock Cafe, Inc. is a British-based multinational chain of theme restaurants, memorabilia shops, casinos and museums founded in 1971 by Isaac Tigrett and Peter Morton in London. In 1979, the cafe began covering its walls with rock and roll memorabilia, a tradition which expanded to others in the chain. In 2007, Hard Rock Cafe International (USA), Inc. was sold to the Seminole Tribe of Florida and was headquartered in Orlando, Florida, until April 2018, when the corporate offices were relocated to Davie, Florida. As of July 2018, Hard Rock International has venues in 74 countries, including 172 cafes, 37 hotels, and 4 casinos. On June 10, 2021, Hard Rock announced Lionel Messi as its Hard Rock brand ambassador as the company celebrated its 50th anniversary. History Restaurants The first Hard Rock Cafe opened on June 14, 1971, at 150 Old Park Lane, Hyde Park, Mayfair, London, under the ownership of two Americans, Isaac Tigrett and Peter Morton. Hard Rock initially had an e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jack Cincinnati Casino
Hard Rock Casino Cincinnati (formerly Jack Cincinnati Casino and Horseshoe Cincinnati) is a casino in Cincinnati, Ohio, owned by Vici Properties and operated by Hard Rock International. It opened in 2013. Casino The two-story casino is and has 2,000 slot machines, 85 table games and a 31-table World Series of Poker room.Coolidge, Alexander. “Cincy casino to open March 4.” Cincinnati.com. Cincinnati Enquirer, 12 Dec. 2012. Web. 12 Dec 2012. It is located on a site on the northeast side of Downtown Cincinnati. Mr. Lucky's, Cincinnati Food Hall, Starbucks, and Prism are located inside the facility. 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. His ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jack Entertainment
Jack Entertainment (formerly known as Rock Gaming LLC from 2009 to 2016) is a Gambling, gaming, hospitality, and entertainment company based in Cleveland, Ohio. The company operates two gaming facilities in Ohio, Jack Cleveland Casino and Jack Thistledown Racino. History Rock Gaming (2009–2016) Jack Entertainment was founded as Rock Gaming in 2009 by seven businessmen led by Dan Gilbert (businessman), Dan Gilbert, as chairman of its board and Matt Cullen as Chief Executive Officer. The company was formed as the seven men backed the Ohio Casino Approval and Tax Distribution Amendment, which was ultimately approved by voters in November 2009. In May 2012, Rock Gaming, in a joint venture with Caesars Entertainment Corporation, Caesars Entertainment, opened Horseshoe Casino Cleveland as well as gained a stake in a Kentucky racetrack, Turfway Park. The company quickly expanded in 2013, opening ThistleDown Racino, ThistleDown Racino in the nearby Cleveland suburb of North Randal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greektown Casino–Hotel
Hollywood Casino at Greektown, formerly Greektown Casino-Hotel, is a casino hotel in the Greektown neighborhood in Detroit, Michigan. It is owned by Vici Properties and operated by Penn Entertainment. The casino opened in 2000, under the majority ownership of the Sault Ste. Marie Tribe of Chippewa Indians. It was the only casino in Detroit controlled by a Native American tribe. In 2008, during the Great Recession, the casino went into bankruptcy and was sold. Hollywood Casino is one of three casinos in the city; there is also a casino in nearby Windsor, Ontario. Detroit is one of the largest American cities to offer casino hotels.Mink, Randy, and Karen Mink (July 2001). "Detroit Turns 300 – Detroit 300 Festival". ''Travel America'', World Publishing Co., Gale Group. History and development Shortly after the enactment of the federal Indian Gaming Regulatory Act (IGRA) in 1988, the Sault Tribe of Chippewa Indians began working with local developers Ted Gatzaros and Jim Papas t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Margaritaville Resort Casino
Margaritaville Resort Casino is a casino hotel in Bossier City, Louisiana. It is owned by Vici Properties and operated by Penn Entertainment, and uses its name under license from Jimmy Buffett's Margaritaville. The casino has of gaming space with 1,200 slot machines and 50 table games. The hotel has 395 rooms in an 18-story tower. History Plans for the casino were first revealed in June 2011, when Isle of Capri Casinos announced an option agreement to sell one of its two riverboats in Lake Charles, along with the accompanying casino license, to developers who planned to move the license to Bossier City as part of a $170-million resort project. The developers were Paul Alanis (owner of the Silver Slipper Casino in Mississippi) and William Trotter (former co-owner of Evangeline Downs racetrack and casino). Alanis gave more details about the planned resort later that month, including that it would be affiliated with Jimmy Buffett's Margaritaville brand. Voters in Bossier Par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Penn National Gaming
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gaming. It operates 43 properties in 20 states, online sports betting in 14 jurisdictions and iCasino in five under the brands Hollywood Casino, L’Auberge, Barstool Sportsbook, and theScore Bet. The company also owns a 36% stake in Barstool Sports. In 2013, Penn completed the corporate spin-off of Gaming and Leisure Properties, a real estate investment trust. History Background and early history (1968–1994) Beginning: Pitt Park Raceway, Inc. and the Pennsylvania National Turf Club In 1967, Pennsylvania enacted a law allowing thoroughbred horse racing with parimutuel wagering. Two companies that later formed part of Penn National Gaming were founded in 1968 by groups seeking one of the four available racing licenses: Pitt Park Raceway, Inc., formed by several Erie area businessmen, and the Pennsylvania Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harrah's Philadelphia
Harrah's Philadelphia Casino & Racetrack is a harness racing track and casino (a racino) on the Chester, Pennsylvania dock (maritime), waterfront. It is owned by Vici Properties and operated by Caesars Entertainment (2020), Caesars Entertainment. History The track was built on the site of the former Sun Shipbuilding & Drydock Co., Sun Shipbuilding campus. Its first harness racing season opened on September 10, 2006. On September 27, 2006, the Pennsylvania Gaming Control Board gave Harrah's Chester its slots license. The Board approved Harrah's application for the permanent slot-machine gaming operator license on December 20, 2006. The casino opened on January 22, 2007, one day earlier than anticipated. Catania Engineering Associates performed the site design for this project. The casino began offering live table games on July 18, 2010. In May 2012, Harrah's Chester changed its name to Harrah's Philadelphia to appeal to a broader market. In 2018, Vici Properties, a real estate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Jack Entertainment")
