Casino to open next year in Higbee Building

Rock Ohio Caesars now plans to invest $350 million to transform the Historic Higbee Building on Public Square in Cleveland into a casino slated for a grand opening in early 2012.

Dan Gilbert, Rock Gaming CEO, owner of the Cleveland Cavaliers and Lake Erie Monsters, and chairman and founder of Quicken Loans, made the announcement Thursday.

After successfully leading the November 2009 constitutional amendment approving full-service gaming in the state's four largest cities, Rock Gaming selected Caesars Entertainment, to be a partner.

The resulting joint venture, Rock Ohio Caesars, will develop and operate casinos in the downtowns of Cleveland and Cincinnati.

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