CLEVELAND — JACK Cleveland Casino and JACK Thistledown Racino will be sold in an $843 million deal. VICI Properties, a real estate trust, is set to purchase the properties, pending regulatory leveland Cavaliers owner Dan Gilbert, founder and owner of JACK Entertainment, sold the casino company to its management team in December. “As of December 2020, JACK Entertainment’s ownership has changed and no longer has any affiliation with Dan Gilbert’s family of companies,” Board of Directors Chairman Matthew P. Cullen told Cleveland Jewish News. JACK sold its Cleveland real estate — the casino and Thistledown racino — to Vici Properties, a spinoff of Caesar's Entertainment, in 2019 for $843 million. It operates them still in a David Kordalski/Crain's Dan Gilbert-owned Jack Entertainment has sold its Cleveland casino, the latest in a series of sales of his gaming business. Vici Properties Inc. agreed to buy the real... DETROIT — Dan Gilbert's JACK Entertainment has announced that the real estate assets and land of its two Cleveland properties, JACK Cleveland Casino, and JACK Thistledown Racino, will be sold to CLEVELAND, Ohio - Cavs owner Dan Gilbert, who in 2009 led a successful voter effort to legalize casino gambling in Ohio, quietly has sold his ownership interest in JACK Entertainment, the operator JACK sold its Cleveland real estate — the casino and Thistledown racino — to Vici Properties, a spinoff of Caesar's Entertainment, in 2019 for $843 million. It operates them still in a At JACK Cleveland Casino, gamblers will discover over 1,300 of the newest, hottest slots, in a variety of denominations from penny games to our $100 slot machine in the High Limit area. Learn More. TABLE GAMES. JACK Cleveland Casino is the downtown playground for serious gamblers with nearly 100 table games. (Cleveland) - Cleveland Cavaliers owner Dan Gilbert has quietly gotten out of the casino business, one that he pushed for in Ohio. Gilbert has sold his shares of JACK Entertainment, which operates Cleveland's downtown JACK Casino, and JACK Thistledown Racino in North Randall.
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