Hard Rock International has finalized the purchase of Cincinnati's Jack Casino, officials announced Friday.Jack Entertainment LLC announced Friday that it has sold its Cincinnati casino to Hard Rock International and VICI Properties for $745 million.Under the terms of the agreements, VICI Properties acquired the membership interests of a subsidiary of JACK Cincinnati Casino LLC that owns the land and real estate assets of Jack Cincinnati Casino, and simultaneously entered into a favorable triple-net leased fee agreement with Hard Rock International, which will be responsible for the future operations at the property, officials said.News of the deal -- pending approval -- originally surfaced in April.Officials with Hard Rock say they are also working to purchase Turfway Park. That sale is expected to close in coming months, pending regulatory approval.It is unclear when branding will change at the Cincinnati casino, and what changes will come.During the transition, the property will remain open for business as usual, officials said.

Hard Rock International has finalized the purchase of Cincinnati's Jack Casino, officials announced Friday.

Jack Entertainment LLC announced Friday that it has sold its Cincinnati casino to Hard Rock International and VICI Properties for $745 million.


Under the terms of the agreements, VICI Properties acquired the membership interests of a subsidiary of JACK Cincinnati Casino LLC that owns the land and real estate assets of Jack Cincinnati Casino, and simultaneously entered into a favorable triple-net leased fee agreement with Hard Rock International, which will be responsible for the future operations at the property, officials said.

News of the deal -- pending approval -- originally surfaced in April.

Officials with Hard Rock say they are also working to purchase Turfway Park. That sale is expected to close in coming months, pending regulatory approval.

It is unclear when branding will change at the Cincinnati casino, and what changes will come.

During the transition, the property will remain open for business as usual, officials said.