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"Should any of Ohio’s casinos be sold in the future, once an agreement in principal has been reached the affected company will appear before the Commission at a public meeting to provide an update," said spokeswoman Jessica Franks. "Given the nature of the discussions, however, most of that update will likely take place in an executive session." Beynon, who has followed the gambling industry for more than a decade, said Jack Entertainment would be attractive to Las Vegas-oriented gaming companies that view the Midwest as a feeder market. “Ohio and Michigan, those are attractive markets,” Beynon said. “There is not additional competition in the near term. They’re very stable or growth markets and they don’t really have any destination property to send your best guest.” In addition to Jack casinos in Cincinnati and Cleveland, Gilbert owns Thistledown Racino in Cleveland and Greektown Casino-Hotel in Detroit. He’s also a partner at Turfway Park in Florence and Horseshoe Baltimore Maryland Casino. Gilbert is the founder of Quicken Loans and owner of the NBA's Cleveland Cavaliers. His privately held casino company doesn’t release financial details, but Beynon said the combined enterprise generates about $1 billion in annual revenue. Based on an industry-average profit margin of 25 percent, he said the properties are worth between $2.2 billion and $2.7 billion. “Ohio’s had one of the best gaming growth rates in the country over the past couple years,” Beynon said. “It still looks like it’s a growing market, certainly not mature.” The casino industry is in the middle of an acquisition binge, driven by rising expectations from a Supreme Court ruling that allows states to legalize sports betting and the creation of real estate investment trusts that help casino operators raise money for expansion.

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(PDT) and 10 p.m. (EDT) with the first official event, "Night of Champions", debuting on Friday, Sept. 28.  "Night of Champions", will feature all three disciplines (Boxing, Kickboxing and MMA) and every fight will be for the FFC World Championship Belt! All of the heart-pounding FFC action will take place inside of the all-new, Fight Dome Las Vegas, which is an intimate venue located inside of Rio Las Vegas that delivers combat sports fans, the experience of a lifetime. "Our fans will literally be right on top of the action the entire time," said Zovko.

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