Iowa Gaming Commission approves sale of Hard Rock Hotel & Casino Sioux City
Monday 29 de August 2022 / 12:39
⏱ 1 min read
(Sioux City).- We’re now one step away from the Hard Rock Hotel and Casino Sioux City being officially sold alongside a host of other properties.
Peninsula Pacific Entertainment, headquartered in Virginia, is selling its properties to Churchill Downs, the owners of the famous Kentucky Downs horse racing facility.
Staff at the Hard Rock in Sioux City can rest easy as the sale of the property was approved by the Iowa Racing and Gaming Commission. And, the commission’s executive director confirmed all 350 staff can remain.
The sale won’t be official until the New York State Gaming Commission approves the deal because the transaction includes properties in three states. The IRCG says Churchill Downs will purchase the properties for just under $3 billion.
Importantly, the “Hard Rock” branding is expected to stay in Sioux City.
“And in fact, they’ve also confirmed that the Hardrock brand will remain in place. And so that agreement, that licensing agreement was also part of this transaction,” said Brian Ohorilko, the executive director of the gaming commission.
The new ownership will continue the casino’s relationship with Missouri River Historic Development. Under Iowa law, a casino’s gaming license is held by a non-profit.
Right now, MRHD receives just over 4% of the casino’s revenue. That is also expected to continue.
Categoría:Casino
Tags: Sin tags
País: United States
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
