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Kimberly Paige Bluhm (m. 2022), Barbara Bluhm-Kaul (divorced) Children. 3. Neil Gary Bluhm (born 1938) is an American billionaire real estate and casino magnate. He is a partner of Midwest Gaming & Entertainment, which owns several casinos. [1][2][3] He had an estimated net worth of US$7 billion in October 2021. [4]
In 2014, to pay down debt taken on to finance the purchase, the ESOP sold the real estate of the Casino Queen to Gaming and Leisure Properties for $140 million, leasing it back for $14 million per year. [14] [15] In 2020, the casino struck a deal with sports betting provider DraftKings to rebrand the property as DraftKings at Casino Queen. [16]
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 60 casino properties, all of which are leased to other companies.
In June 2021, Bally's bought Jumer's Casino & Hotel in Illinois from Delaware North for $120 million, [50] and also purchased the operating business of Tropicana Evansville in Indiana from Caesars for $140 million. [51] To fund the Tropicana purchase, the real estate of Dover Downs was sold to GLPI for $144 million in a leaseback transaction ...
In 2008, the Illinois Gaming Board awarded the state's 10th and last casino license to Midwest Gaming and Entertainment LLC, a group led by Neil Bluhm, [1] to build a 140,000-square-foot (13,000 m 2) casino on approximately 21 acres (8.5 ha) adjacent to the Tri-State Tollway at the northwest corner of Devon Avenue and Des Plaines River Road.
Josh Jenke, Peoria Journal Star. July 14, 2024 at 4:45 AM. These real estate transactions, recorded the week of July 1, are compiled from information on file with Peoria, Tazewell and Woodford ...
Coordinates. 40°40′48.5″N 89°33′54″W / 40.680139°N 89.56500°W / 40.680139; -89.56500. Public transit access. CityLink. Website. www.paradicecasino.com. Par-A-Dice Hotel and Casino is a casino located on the Illinois River off Illinois Route 116 / U.S. Route 150 in East Peoria, Illinois, United States.
Peoria ranked third on NBC Chicago’s 2023 list of worst-appreciating cities, with a rate of 61.7%. For reference, between 1998 and 2002, the average home value grew 154%. Peoria’s population ...