Riverboat Casino Cincinnati Ohio
— The new home of BB Riverboats is now open along Newport’s Riverboat Row. The facility, a former casino barge, is a $3.5 million flip that houses River’s Edge — an event space on the Ohio River. Southwest Ideally located between Cincinnati and Dayton, Butler County, Ohio features unique communities all with distinctive attractions, a variety of hotels and bed & breakfasts, and hidden historical gems. With everything from thrilling outdoor sports activities to modernly chic shopping hot-spots, Butler County has something for visitors of.
- Cincinnati Ohio Casinos Riverboat Casino
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- Riverboat Casinos Cincinnati Ohio
- Riverboat Casino Cincinnati Ohio
Cincinnati Ohio Casinos Riverboat Casino
NEWPORT, Ky. — The new home of BB Riverboats is now open along Newport’s Riverboat Row.
The facility, a former casino barge, is a $3.5 million flip that houses River’s Edge — an event space on the Ohio River with enough room for 250 guests.
“It's certainly the biggest investment we've made other than some of our boats,” said BB Riverboats Owner Alan Bernstein.
The barge, which used to house an Argosy Casino in Sioux City, Iowa, was in storage at an Illinois shipyard for four years.
It arrived in Northern Kentucky about one year ago. Since then, it’s been gutted and completely transformed to include an office space, catering kitchen, boat ramps and a deck offering a view of the Cincinnati skyline.
“It's the premier space and as you sit, you've got a full view. The boat's not in the way,” Bernstein said.
Bernstein told WCPO last year that BB Riverboats outgrew its existing facility.
The company has already hosted a few events at the facility which provides the only private event space located on the Ohio River. And it will not be setting sail.
“Believe it or not, there are people that want to come to an event and not go on a cruise,” said sales director Nancy Willhoite, “so that filled that need.”
This venture is about celebrating the new and the old for Bernstein who said he’d also like the space to include a museum. Local history fills the lobby: photos, ship models and artifacts including a ship wheel from 1922.
“This is the way the old steamboats ran their boats,” Bernstein said. “The brass that you see around the rim and the brass on the hub is the way they stopped the wheel from turning.”
The 40-year-old company hopes the event space drives enough business for it to continue to grow.
Riverboat Casino Near Cincinnati Ohio
“We have talked about another medium sized boat,” Bernstein said.
| Belterra Casino Resort | |
|---|---|
| Location | Florence, Indiana |
| Address | 777 Belterra Drive |
| Opening date | October 27, 2000 |
| No. of rooms | 608 |
| Total gaming space | 47,201 sq ft (4,385 m2) |
| Notable restaurants | 19 Steak and Seafood |
| Casino type | Riverboat |
| Owner | Gaming and Leisure Properties |
| Operating license holder | Boyd Gaming |
| Website | belterracasino.com |
Belterra Casino Resort & Spa is a riverboat casino on the Ohio River in Switzerland County, Indiana near Florence, roughly halfway between Louisville, Kentucky and Cincinnati, Ohio. It is owned by Gaming and Leisure Properties and operated by Boyd Gaming.
The casino has 47,201 square feet (4,385 m2) of gaming space, with 1,277 gaming devices, 45 table games, and 2 poker tables.[1] From 2009 to 2011, the property reported annual revenue ranging between $152 and $162 million, and earnings between $27 and $30 million.[2]
The property has 1,062 employees.[3]
Belterra is located on 315 acres (127 ha) of land, 149 acres (60 ha) of which is leased on a 50-year term.[4]
History[edit]
In 1993, the Indiana General Assembly legalized riverboat casinos, including five licenses to be issued for sites along the Ohio River.[5] A referendum was required in each county to approve casinos.[6] Switzerland County voters passed such a measure in November 1993.[7]
Riverboat Casinos Cincinnati Ohio
The Indiana Gaming Commission issued the last of the five licenses in 1998 to Hollywood Park, Inc. (later Pinnacle Entertainment) and its Boomtown subsidiary, for a $148-million project in Switzerland County, including a 12-story, 309-room hotel.[8]
Belterra was set to open in August 2000, but was delayed when the riverboat, while en route to Indiana, collided with a barge and sank.[9] After being repaired, the casino opened on October 27.[10]
In April 2016, the property was sold to Gaming and Leisure Properties along with almost all of Pinnacle's real estate assets, and leased back to Pinnacle.[11][12]
In October 2018, Boyd Gaming acquired Belterra's operations from Pinnacle, along with three other casinos.[13] The sale was made to enable Penn National Gaming's acquisition of Pinnacle; the two companies together owned three casinos in Indiana (Belterra, Ameristar East Chicago, and Hollywood Casino Lawrenceburg), while state law prohibits one company from owning more than two casinos.[14]
See also[edit]
References[edit]
- ^Annual Report to Governor Mitch Daniels(PDF) (Report). Indiana Gaming Commission. 2011. pp. 65–66. Retrieved 2012-07-28.
- ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 31.
- ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 8.
- ^Form 10-K: Annual Report (Report). Gaming and Leisure Properties. February 16, 2018. pp. 10 & 78 – via EDGAR.
- ^Simpson, Cam (July 1, 1993). 'Riverboats shoot for early '94'. Evansville Courier. – via NewsBank (subscription required)
- ^'Casino referendums face tough deadlines'. The Post-Tribune. Gary. AP. July 22, 1993. – via NewsBank (subscription required)
- ^'No one files to recount casino votes'. Evansville Courier. AP. November 10, 1993. – via NewsBank (subscription required)
- ^Horstman, Barry M. (September 15, 1998). 'Switzerland County lands casino'. Cincinnati Post. – via NewsBank (subscription required)
- ^Horstman, Barry M. (August 10, 2000). 'Accident delays casino opening'. Cincinnati Post. – via NewsBank (subscription required)
- ^Batz, Bob (November 5, 2000). 'Viva, Las Vevay! Sleepy river town gets a dose of casino caffeine'. Dayton Daily News. – via NewsBank (subscription required)
- ^Andrew Steele (April 27, 2016). 'Judge allows Ameristar deal to proceed'. The Times of Northwest Indiana. Retrieved 2016-07-23.
- ^'Gaming and Leisure Properties, Inc. completes the previously announced acquisition of the real estate assets of Pinnacle Entertainment, Inc' (Press release). Pinnacle Entertainment. April 28, 2016. Archived from the original on 2016-08-22. Retrieved 2016-07-22.
- ^'Boyd Gaming completes acquisition of four Pinnacle Entertainment assets' (Press release). Boyd Gaming. October 15, 2018. Retrieved 2018-10-16 – via PR Newswire.
- ^Andrew Steele (December 18, 2017). 'Ameristar Casino owner Pinnacle bought by Penn National Gaming'. The Times of Northwest Indiana. Retrieved 2017-12-29.
External links[edit]
Coordinates: 38°46′50″N84°56′22″W / 38.7806°N 84.9394°W