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Jack Casino sold to Hard Rock International for $ 745 million



CINCINNATI – It's official: Jack Cincinnati Casino will no longer be Jack. Its parent company, Jack Entertainment, concluded a $ 745 million deal with Hard Rock International on Friday afternoon.

The change will mostly be a cosmetic, said general manager Chad Barnhill

in April when the deal was first announced. [19659004] The Jack brand will happen; Hard rock signs and logos will go up. At the time, Barnhill said he was excited about the potential increase in traffic the Hard Rock name could provide.

"After ten years and hundreds of millions of dollars in developing Jack Cincinnati Casino from scratch, we are confident that the property's success will continue into the future as Hard Rock International takes it to the next level of growth," said Jack Entertainment CEO Mark Dunkeson said in a press release.

Jack Entertainment spokeswoman Samantha Chyette added that the two companies "will work closely to ensure a smooth transition" for workers and players.

Barnhill said in April that workers' union agreements and positions would carry over when the casino changed hands.

Jack collected around $ 1

7 million in monthly gaming revenue in 2018.

According to the news release, Hard Rock also hopes to close at Florence's Turfway Park in the next few months.

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