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Dan Gilbert divests interest in Cleveland casino business


Dan Gilbert divests interest in Cleveland casino business
Kurt Nagl | Crain s Detroit Business
Jack Entertainment
Jack Entertainment moved its base from Detroit to Cleveland as part of the sale of Greektown Casino-Hotel.
Dan Gilbert has sold his remaining interest in a formerly Detroit-based casino company now controlled by former Bedrock executives.
The billionaire founder and chairman of Rock Ventures sold his remaining interest in Jack Entertainment in December, said Aaron Walker, chief communications officer for Rock Ventures.
In December 2020, Dan Gilbert divested his interest in the Cleveland Jack Entertainment Casino, which is reflective of Dan s positioning to pivot away from the casino industry in general, Walker said in an email. ....

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Ohio's casino revenue down 20 percent during November | News, Sports, Jobs


rselak@tribtoday.com
WARREN Revenue at Ohio’s four casinos was off 20 percent in November, a slide that’s likely due in large part to the state curfew meant to slow the spread of the surging viral outbreak.
“It’s hard for us to say with absolute certainty, but I would say that is definitely going to be a factor into what we saw,” said Jessica Franks, spokeswoman with the Ohio Casino Control Commission.
The latest report from the commission shows the $59.5 million in revenue the casinos brought in is $15.2 million less than October, a month the casinos experienced a bit of a rebound after a two-month period of falling numbers. ....

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