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Grand Victoria Casino for Sale

16 August 2006

OHIO – As reported by the Cincinnati Enquirer: "Grand Victoria Casino & Hotel in Rising Sun will be up for sale this fall.

"Majority owner Hyatt Hotels & Resorts will put the 201-room and casino on the market in September, said general manager Steven Jimenez. He said Grand Victoria's 1,100 employees have already been notified of the plan.

"…Jimenez said he didn't know what prompted the decision to sell the casino, which opened on Oct. 4, 1996. He did not know what the asking price would be.

"…Grand Victoria had nearly 1.9 million admissions in fiscal 2005 (which ended this June) and paid $3 million in gaming and admission taxes, according to the Indiana Gaming Commission.

"The 40,000-square-foot riverboat casino offers 42 gaming tables and 1,489 slot machines. It has five restaurants and an 18-hole golf course…"

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