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Dan Gilbert-owned Jack Entertainment has sold its Cleveland casino, the latest in a series of sales of his gaming business. Vici Properties Inc.


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CLEVELAND, Ohio – The $ billion in deals Dan Gilbert's JACK Entertainment company has made over the last year to sell off its casino.


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DETROIT β€” Dan Gilbert's JACK Entertainment has announced that the real estate assets and land of its two Cleveland properties, JACK.


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CLEVELAND, Ohio – The $ billion in deals Dan Gilbert's JACK Entertainment company has made over the last year to sell off its casino.


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Jack Casino owner Dan Gilbert is considering selling his casinos in Detroit, Cleveland, and Cincinnati. Dan Gilbert is the Detroit native who owns Quicken Loans.


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Jack Casino owner Dan Gilbert is considering selling his casinos in Detroit, Cleveland, and Cincinnati. Dan Gilbert is the Detroit native who owns Quicken Loans.


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Businessman Dan Gilbert has reached an agreement to sell his Greektown Casino in Detroit for $1 billion. The buyers are two casino-related.


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Jack Casino owner Dan Gilbert is considering selling his casinos in Detroit, Cleveland, and Cincinnati. Dan Gilbert is the Detroit native who owns Quicken Loans.


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Dan Gilbert-owned Jack Entertainment has sold its Cleveland casino, the latest in a series of sales of his gaming business. Vici Properties Inc.


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Dan Gilbert's JACK Entertainment will sell Cincinnati casino and Kentucky's Turfway Park to Hard Rock. Updated Apr 05, ; Posted Apr


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Mark Dunkeson, chief executive officer of JACK Entertainment, in a statement, said: "The combined efforts of our gaming properties together with the other Cleveland assets operated by our sister companies including the Cavs, Avenue Shops at Tower City and the May Company Building, have created a strong connection to the city and allows us to remain heavily committed to the Cleveland area. We will continue to invest significant capital into these properties which will have a lasting positive impact on the city and Cuyahoga County. Real estate trusts are buying casinos and racinos, and then leasing the operations to others to run the businesses. Community Rules apply to all content you upload or otherwise submit to this site. Ad Choices. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. Its holdings include the famous Caesars Palace in Las Vegas. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. A lot of that has to do with the interest of Wall Street to invest in real estate right now. Rich Exner , data analysis editor for cleveland. The same type of real estate investment trust deal took place last year at Northfield Park, located between Cleveland and Akron. All rights reserved About Us. It initially operated under the Horseshoe name. The same partnership opened the Cincinnati Horseshoe Casino a year later in March In addition to expansion under multiple pending deals, VICI now owns 24 gaming properties operated under different brands:. By Rich Exner, cleveland.{/INSERTKEYS}{/PARAGRAPH} Follow casino coverage at cleveland. Find data-related stories at cleveland. {PARAGRAPH}{INSERTKEYS}Rich Exner, cleveland. Follow on Twitter RichExner. VICI now owns 24 properties operating under various names across the country, with several other acquisitions pending.