The Horseshoe Cleveland opened in May 2012 in the Higbee Building. Rock Gaming and Caesars Entertainment formed their joint venture to develop and operate casinos in 2010.
“We view this as an opportunity to leverage our unique culture and vast network of companies to grow the business and further connect the casinos to the downtown areas where they reside,” Rock Gaming CEO Matt Cullen said in a statement. Caesars continued to manage the gaming aspects of the business after the deal was announced. Rock Gaming now owns 100 percent of the properties. The transaction also included ownership in the Ritz-Carlton Hotel in Cleveland, the Higbee Building in downtown Cleveland and a controlling interest in Turfway Park in Florence, Ky. (David Becker/Las Vegas Review-Journal)Ĭaesars Entertainment Corp., said Monday it was transitioning the operation of its three Ohio casinos to its partner, which includes removing the Horseshoe names from the properties and separating the casinos from the company’s Total Rewards customer loyalty program.Ĭaesars said in February it was selling its 20 percent stake in the Horseshoe Cleveland, Horseshoe Cincinnati and the ThistleDown Racetrack casino to Detroit-based Rock Gaming for an undisclosed price. A statue on display is seen in front of Caesars Palace hotel-casino on Thursday, Dec.
