Caesars delays Cincinnati casino opening untll 2013
The opening of the planned $400 million Horseshoe Casino Cincinnati has been delayed until 2013 because of uncertainty over Ohio’s gaming regulatory structure.
The casino is a joint venture between Caesars Entertainment and Rock Ventures and completion had originally been planned for 2012.
Company officials said they had to delay a key steel order because of an ongoing impasse with Gov. John Kasich over casino taxes and fees. The operators are slowing development until they know how much in taxes and fees will be required.
On the same day the project was slowed, the joint venture released drawings of the downtown Cincinnati casino, which will feature 2,300 slot machines and 73 table games.
Ohio voters in a constitutional referendum approved the development of four new casinos statewide in November 2009. The four licenses are located in Cleveland, Columbus, Toledo and Cincinnati.
