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Belterra Casino Resort
Location Florence, Indiana
Address 777 Belterra Drive
Opening dateOctober 27, 2000
No. of rooms608
Total gaming space47,201 sq ft (4,385 m2)
Notable restaurants19 Steak and Seafood
Casino typeRiverboat
OwnerGaming and Leisure Properties
Operating license holderBoyd Gaming
Websitebelterracasino.com

Due to rising river levels, Belterra Park Cincinnati will close Friday. As the Ohio River swells, the Kellogg Avenue facility will close its doors at 4 p.m. Nestled in the heart of Indiana, Belterra Casino Resort is the every day escape for Indiana, Kentucky and Ohio. Belterra is just a short drive from Cincinnati, Lexington, Louisville and Indianapolis boasting over 600 guest rooms & suites, high-end shopping, concerts, meetings rooms, delicious restaurants and player-friendly gambling Belterra is easily the best experience in the region. Belterra is a true resort experience offering non-stop gambling action, thrilling entertainment, incredible food, unique shopping, comfortable accommodations, an indulgent spa, and world-class golf. And best of all, it’s all in one place. So escape from the ordinary and into the best that life has to offer. At Belterra Park Gaming & Entertainment Center you can enjoy your favorite casino games every day. You can easily find this establishment in east of downtown Cincinnati, Ohio State. Belterra Park Gaming & Entertainment Center promises all gamblers a gaming experience in a beautiful surrounding. Belterra is Indiana’s premier gambling boat casino with two floors of the newest and most exciting slot machines and table games. Plus with exciting new side bets, you can see why people from Indianapolis, Cincinnati, Louisville, and Lexington choose Belterra every time.

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]

Belterra Casino Ohio River Campgrounds

Belterra casino ohio river campgroundCasino

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]

Belterra

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]

  1. ^Annual Report to Governor Mitch Daniels(PDF) (Report). Indiana Gaming Commission. 2011. pp. 65–66. Retrieved 2012-07-28.
  2. ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 31.
  3. ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 8.
  4. ^Form 10-K: Annual Report (Report). Gaming and Leisure Properties. February 16, 2018. pp. 10 & 78 – via EDGAR.
  5. ^Simpson, Cam (July 1, 1993). 'Riverboats shoot for early '94'. Evansville Courier. – via NewsBank (subscription required)
  6. ^'Casino referendums face tough deadlines'. The Post-Tribune. Gary. AP. July 22, 1993. – via NewsBank (subscription required)
  7. ^'No one files to recount casino votes'. Evansville Courier. AP. November 10, 1993. – via NewsBank (subscription required)
  8. ^Horstman, Barry M. (September 15, 1998). 'Switzerland County lands casino'. Cincinnati Post. – via NewsBank (subscription required)
  9. ^Horstman, Barry M. (August 10, 2000). 'Accident delays casino opening'. Cincinnati Post. – via NewsBank (subscription required)
  10. ^Batz, Bob (November 5, 2000). 'Viva, Las Vevay! Sleepy river town gets a dose of casino caffeine'. Dayton Daily News. – via NewsBank (subscription required)
  11. ^Andrew Steele (April 27, 2016). 'Judge allows Ameristar deal to proceed'. The Times of Northwest Indiana. Retrieved 2016-07-23.
  12. ^'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.
  13. ^'Boyd Gaming completes acquisition of four Pinnacle Entertainment assets' (Press release). Boyd Gaming. October 15, 2018. Retrieved 2018-10-16 – via PR Newswire.
  14. ^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

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Belterra_Casino_Resort_%26_Spa&oldid=991396721'
Belterra Casino Resort
Location Florence, Indiana
Address 777 Belterra Drive
Opening dateOctober 27, 2000
No. of rooms608
Total gaming space47,201 sq ft (4,385 m2)
Notable restaurants19 Steak and Seafood
Casino typeRiverboat
OwnerGaming and Leisure Properties
Operating license holderBoyd Gaming
Websitebelterracasino.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]

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 Casino Ohio River Casino

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]

Belterra Casino Ohio River

References[edit]

Belterra Casino Ohio River Map

  1. ^Annual Report to Governor Mitch Daniels(PDF) (Report). Indiana Gaming Commission. 2011. pp. 65–66. Retrieved 2012-07-28.
  2. ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 31.
  3. ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 8.
  4. ^Form 10-K: Annual Report (Report). Gaming and Leisure Properties. February 16, 2018. pp. 10 & 78 – via EDGAR.
  5. ^Simpson, Cam (July 1, 1993). 'Riverboats shoot for early '94'. Evansville Courier. – via NewsBank (subscription required)
  6. ^'Casino referendums face tough deadlines'. The Post-Tribune. Gary. AP. July 22, 1993. – via NewsBank (subscription required)
  7. ^'No one files to recount casino votes'. Evansville Courier. AP. November 10, 1993. – via NewsBank (subscription required)
  8. ^Horstman, Barry M. (September 15, 1998). 'Switzerland County lands casino'. Cincinnati Post. – via NewsBank (subscription required)
  9. ^Horstman, Barry M. (August 10, 2000). 'Accident delays casino opening'. Cincinnati Post. – via NewsBank (subscription required)
  10. ^Batz, Bob (November 5, 2000). 'Viva, Las Vevay! Sleepy river town gets a dose of casino caffeine'. Dayton Daily News. – via NewsBank (subscription required)
  11. ^Andrew Steele (April 27, 2016). 'Judge allows Ameristar deal to proceed'. The Times of Northwest Indiana. Retrieved 2016-07-23.
  12. ^'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.
  13. ^'Boyd Gaming completes acquisition of four Pinnacle Entertainment assets' (Press release). Boyd Gaming. October 15, 2018. Retrieved 2018-10-16 – via PR Newswire.
  14. ^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

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Belterra_Casino_Resort_%26_Spa&oldid=991396721'