Jack Entertainment

Jack Entertainment LLC
Formerly called
 Rock Gaming LLC (2009-2016)
Private
Industry Gaming, Hospitality, Tourism
Founded 2009 as Rock Gaming LLC
Founder Dan Gilbert
Headquarters Detroit, Michigan, United States
Key people
Products Casinos, Hotels, Entertainment, Thoroughbred horse racing
Revenue Over US$1 billion as of February 2016
Number of employees
 Approximately 7,000 as of February 2016
Parent Rock Ventures
Subsidiaries Rock Ohio Caesars LLC (2010-2015)
Website jackentertainment.com
Footnotes / references
[1][2][3][4][5][6][7]
Greektown Casino Hotel in Detroit

Jack Entertainment LLC (stylized JACK Entertainment and formerly Rock Gaming LLC from 2009 to 2016) is a gaming, hospitality, and entertainment corporation based in Detroit, Michigan. The company owns and operates casinos and hotels in Michigan and Ohio, and owns a stake of properties in Kentucky and Maryland.[1][7] Jack Entertainment operates as a subsidiary of Rock Ventures LLC.[1][6][8]

History

Rock Gaming (2009 - 2016)

Jack Entertainment, originally Rock Gaming LLC, was founded in 2009 by seven businessmen led by Dan Gilbert,[1][9] who serves as chairman of its board.[3][5][10][11] The company formed as the seven men backed the Ohio Casino Approval and Tax Distribution Amendment, which was ultimately approved by voters in November 2009.[12][13]

In early 2013, the company acquired the Greektown Casino-Hotel in Detroit.[7][14][15][16]

In April 2015, the Ohio Casino Control Commission approved a request by the company to be licensed as a management company.[4]

Rock Ohio Caesars (2010-2015)

In December 2010, in partnership with Caesars Entertainment Corporation, the company formed Rock Ohio Caesars LLC to open and operate casinos in Cleveland and Cincinnati.[2][11] Caesars held a 20% stake in Rock Ohio Caesars[9] and managed the company's properties.[3][4][17]

In May 2012, Rock Ohio Caesars opened Ohio's first casino, Horseshoe Casino Cleveland.[3][11]

In April 2013, Rock Ohio Caesars opened the state's fourth commercial casino, Horseshoe Casino Cincinnati. That same month, the company also began expanding the Cleveland-area thoroughbred horse racing track, ThistleDown, to include a casino, making it a racino.[7][11]

On August 26, 2014, the Horseshoe Casino Baltimore opened. The casino was developed by Caesars Entertainment, in partnership with JACK Entertainment, CVPR Gaming Holdings LLC, STRON-MD Limited Partnership, and PRT TWO LLC.[3][4]

On February 26, 2015, Rock Gaming acquired Caesars Entertainment's 20% stake in Rock Ohio Caesars LLC.[2][3][4] As a result, the company now had complete ownership of Horseshoe Casino Cleveland, ThistleDown Racino, Horseshoe Casino Cincinnati, the Ritz-Carlton, Cleveland, the Higbee Building, and a controlling interest in Turfway Park.[3][4][17]

On November 2, 2015, the Rock Gaming announced it would begin assuming management of Horseshoe Casino Cleveland, Horseshoe Casino Cincinnati, and ThistleDown Racino from Caesars Entertainment Corporation, and complete the transition by June 2016.[4][17]

JACK Entertainment (2016 - present)

On February 23, 2016, the company announced it was changing its name from Rock Gaming LLC to Jack Entertainment LLC. Throughout 2016, the company would also be rebranding the casinos it wholly owns and operates under the Jack branding.[5][7][15][16][18] The company indicated it planned to spend US$40 million on the rebranding.[15][16][18] It also introduced a new customer loyalty program, ClubJack.[7][16]

Properties

Jack Entertainment owns an interest in gaming, hospitality, and entertainment properties in Kentucky, Maryland, Michigan, and Ohio.[3][4][7][8] Collectively the properties include more than 400,000 square feet (37,000 m2) of game space, 600 hotel rooms, and 35 bars and restaurants.[6][7]

Name Location Notes Picture
Caesars Interactive Entertainment N/A Partnership with Caesars Entertainment Corporation.[3][4][7][8]
Greektown Casino Hotel Detroit, Michigan Jack Detroit Casino-Hotel Greektown by end of 2016.[5][6][7][15][16][18]
Horseshoe Casino Baltimore Baltimore, Maryland Partnership with Caesars Entertainment Corporation.[3][4][7][8]
Jack Cincinnati Casino Cincinnati, Ohio In November 2015, Caesars announced that it would cede management of its Horseshoe Casino Cincinnati resort to Rock Gaming, with the transfer completed June 2016.[4]
Jack Cleveland Casino Cleveland, Ohio In November 2015, Caesars announced that it would cede management of its Horseshoe Casino Cleveland resort to Rock Gaming, with the transfer completed June 2016.[4]
Jack Thistledown Racino North Randall, Ohio In November 2015, Caesars announced that it would cede management of its ThistleDown Racino resort to Rock Gaming, with the transfer completed in June 2016.[4]
Turfway Park Boone County, Kentucky

See also

References

  1. 1 2 3 4 "Rock Gaming, LLC: Private Company Information". Businessweek.com. Businessweek. Retrieved February 26, 2016.
  2. 1 2 3 "Rock Ohio Caesars LLC: Private Company Information". Businessweek.com. Businessweek. Retrieved February 26, 2016.
  3. 1 2 3 4 5 6 7 8 9 10 Farkas, Karen (February 26, 2015). "Rock Ohio Ventures buy Caesar's 20 percent interest and now owns Horseshoe Casino Cleveland, ThistleDown and other entities". cleveland.com. Retrieved February 26, 2016.
  4. 1 2 3 4 5 6 7 8 9 10 11 12 13 Farkas, Karen (November 2, 2015). "Rock Gaming takes over management of Horseshoe Cleveland Casino from Caesar's Entertainment". cleveland.com. Retrieved February 26, 2016.
  5. 1 2 3 4 "Greektown Casino to be renamed JACK Detroit Casino-Hotel Greektown". WXYZ. February 23, 2016. Retrieved February 26, 2016.
  6. 1 2 3 4 Bill Shea and Kirk Pinho (February 23, 2016). "Greektown Casino-Hotel to be renamed Jack Detroit Casino-Hotel Greektown". Crain's Detroit Business. Retrieved February 26, 2016.
  7. 1 2 3 4 5 6 7 8 9 10 11 "JACK Entertainment Rebrands Ohio and Detroit Casinos" (PDF) (Press release). JACK Entertainment. February 23, 2016. Retrieved February 25, 2016.
  8. 1 2 3 4 "Gaming — Rock Ventures". rockventures.com. Rock Ventures. Retrieved February 26, 2016.
  9. 1 2 Davis, Dave (October 15, 2011). "Dan Gilbert's Rock Gaming partners bound by friendship, desire to build upscale 'urban' casinos". The Plain Dealer. Retrieved February 26, 2016.
  10. ↑ "Rock Gaming, LLC: Board of Directors". Businessweek.com. Businessweek. Retrieved February 26, 2016.
  11. 1 2 3 4 Petersen, Chris. "Rock Gaming LLC – Horseshoe Casino Cincinnati". Leisure and Hospitality International. Retrieved February 26, 2016.
  12. ↑ "State Issue 3: November 3, 2009". sos.state.oh.us. Ohio Secretary of State's Office. November 2009. Retrieved February 26, 2016.
  13. ↑ Fields, Reginald (April 28, 2009). "Ohio casino backers hire troubled California firm Arno Political Consultants". The Plain Dealer. Retrieved February 26, 2016.
  14. ↑ Davis, Dave (January 16, 2013). "Dan Gilbert to buy Detroit's Greektown Casino, a money-making and revitalization effort". The Plain Dealer. Retrieved February 26, 2016.
  15. 1 2 3 4 Haddad, Ken (February 23, 2016). "Greektown Casino changes name to 'Jack Casino'". WDIV. Retrieved February 26, 2016.
  16. 1 2 3 4 5 Martinez, Michael (23 February 2016). "Greektown Casino to be renamed ‘Jack’". Detroit News. Retrieved February 26, 2016.
  17. 1 2 3 "Rock Gaming Raises Its Stakes in Ohio and Begins Transition of Operational Responsibilities of Gaming Properties" (PDF) (Press release). Rock Gaming, LLC. November 2, 2015. Retrieved February 25, 2016.
  18. 1 2 3 Thibodeau, Ian (February 23, 2016). "Greektown Casino changing name to 'Jack Detroit Casino-Hotel Greektown'". MLive.com. Retrieved February 26, 2016.
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