With presence in more than 75 countries, Hard Rock International is expanding its global gaming portfolio by announcing a joint purchase with VICI Properties Inc. to acquire Jack Cincinnati Casino. Through the joint purchase, Hard Rock will acquire the operating assets of the casino, rebranding Hard Rock Casino Cincinnati and VICI will own land and property assets.

“Hard Rock has been the largest operator in Ohio since it opened in the Cleveland market in 2013,” said Jim Allen, president and CEO of Hard Rock International. “And now, we look forward to introducing our unique brand of casino entertainment to Cincinnati. On behalf of 40,000 Hard Rock team members around the world, I’m excited to welcome over 1,000 Jack Cincinnati employees to the Hard Rock family.”

JACK Cincinnati is located on 22 acres in the Broadway Commons area of downtown Cincinnati. The property features 100,000 square feet of gaming space, and approximately 1,800 gaming machines and 100 table games. In addition, the property features 33,000 square feet of conference space, six high-end restaurants, and two bars. New real estate improvements will be announced by Hard Rock later this year.

John Payne, President and Chief Operating Officer of VICI Properties, said, “We are proud to partner with Hard Rock by being an international leader in gaming, entertainment and hospitality experiences and by further diversifying our tenant list with our renowned global platform of 245 hospitality venues from 75 countries.”

The transaction is subject to regulatory approval and customary closing conditions and is expected to close at the end of 2019, with further acquisitions expected upon closing.

Jones Day served as special gaming adviser as legal adviser to Hard Rock with Fox Rothschild LLP. 에볼루션 바카라사이트