Is Belterra Casino On The Ohio River

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Belterra Park, formerly known as River Downs, is a racino located in Anderson Township, Hamilton County, Ohio, just outside the southeast limits of Cincinnati. It is owned and operated by Boyd Gaming.

History[edit]

River Downs opened in Cincinnati, Ohio in 1925. It was opened 15 years after the closing of a previous track in Cincinnati, Old Oakley Race Course. The race track sits right along the banks of the Ohio River. The track was originally named Coney Island and is adjacent to Coney Island Amusement Park.

The famous horse Seabiscuit made two appearances at the track in 1936. His trainer 'Silent Tom' Smith shipped the horse in from Detroit with jockey Red Pollard for two consecutive starts. On October 3, 1936, he ran third in the Western Hills Handicap and two weeks later he ran third in the Eastern Hills Handicap.

The track managed to survive the disastrous Cincinnati flood of 1937 and re-opened under the name of 'River Downs.' Races were and still are held primarily in summer. The 7-furlong turf course was created in 1956, making River Downs the 13th track in America with a grass racing strip. The infield grass course has drawn rave reviews from horsemen across the country. Hall of Fame jockey Laffit Pincay, Jr. once quoted, 'This is the best turf course I've ever ridden on,' after he rode Highland Crystal to victory in the Budweiser Breeders' Cup there.

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On May 17, 1976 an apprentice jockey won the eighth race at River Downs aboard Red Pipe. It was the race that would launch the career of one of the world's most renowned riders, Steve Cauthen. 'The Kid', as he was called, went on to be the leading apprentice and overall rider at River Downs that season. He later rode Affirmed to become the youngest rider to sweep the Triple Crown. He eventually became a champion rider in Europe and may forever be the only jockey ever to win the Irish Derby, French Derby, English Derby and Italian Derby in addition to capturing America's 'Run for the Roses.'

During the 1980s, the Miller Genuine Draft Cradle Stakes grew to become the richest race for 2-year-olds in the state of Ohio. The 1983 winner, Coax Me Chad, went on to a second-place finish behind Swale in the 1984 Kentucky Derby. The 1984 'Cradle' winner did his predecessor one better – he won the 1985 Kentucky Derby. Spend A Buck not only won the Derby, but went on to win ten races and over $4.2 million, eventually being crowned American Horse of the Year.

Over the decades, the wooden grandstand began to strain. River Downs Jockey Club Inc., who purchased the facility in 1975, elected to construct an entirely new grandstand, beginning immediately at the end of the 1988 racing season.

Management kept the style of the traditional open-air grandstand. Wooden benches were replaced with well-spaced stadium seats, a game room was installed next to a new gift shop, and escalators ferry the bettors to an expanded mezzanine level which features numerous concession stands and Finnigans Pub.

In addition to the $16 million grandstand, the paddock was doubled in size, accentuating the River Downs' philosophy that fans like to be close to the horses that they will gamble their money on. Following the 1989 reconstruction of the grandstand, several million dollars were invested in upgrading the Clubhouse. A new air-conditioning unit was installed, over 2500 television monitors were put in place, and the upper Clubhouse was extensively renovated with decor that included cherry wood and Italian marble.

On September 19, 1996, state legislation finally allowed Full Card simulcasting to take place in the state. In a matter of weeks after the live meet ended, the River Downs Clubhouse became the country's most modern simulcasting center – the River Downs RaceBook. Thoroughbred and harness racing from across the nation is broadcast over a 500 set semi-state-of-the-art television system that features over one hundred 40-inch, high-resolution direct-view televisions.

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With the advent of increased simulcasting and the Twin Seven Supercard, River Downs installed a 110 channel in-house television system that allows the viewers access to race replays of every race on a single kiosk, advance viewing of upcoming simulcast race conditions and preview shows, and changing odds formats and program changes. River Downs is also the first track to feature a channel showing a 'minutes to post' chronological display of all tracks.^{[citation needed]}

Only months after the renovation of the River Downs Racebook, the track fell victim to the Cincinnati flood of 1997. Waters flowed over the banks of the Ohio River in March at a rate that had not been witnessed for over 50 years. The entire lower level of the Clubhouse was flooded, as was the entire first level of the grandstand, office area and barn area. The track lost only 18 days of operation, however, before the upper level of the RaceBook was back in operation. The track was reopened on schedule for live racing in late April. In addition to a completely new lower-level Clubhouse, the backstretch underwent extensive improvements including a newly designed and renovated racing office and kitchen area. ^[1]

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In January 2011, the track was purchased by Pinnacle Entertainment.

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Under new track management, the two biggest events on the stakes calendar, the Cradle and Bassinet, were canceled in 2011 to save purse money for the horsemen's account. The highlight of the 2011 meet was the $75,000 Queen City Oaks on July 16. The 2011 meet was also reduced to 85 days of racing due to flooding of the Ohio River. ^[2]

The 2013 River Downs meet was moved to Beulah Park as the racing oval and grandstand were torn down to be relocated closer to the barn area.

In October 2013, Pinnacle renamed River Downs as Belterra Park.^[3]

In October 2018, Boyd Gaming purchased the property from Pinnacle, along with three other casinos.^[4] In addition to the price of the operating business, Boyd paid $58 million for Belterra Park's real estate, with financing from Gaming and Leisure Properties.^[5] The sale was required by antitrust regulators as a condition of Pinnacle's acquisition by Penn National Gaming, to preserve competition in the Cincinnati area casino market.^[6]

Live racing[edit]

Up until 2012, racing was typically held at the track from the beginning of April until Labor Day weekend.

For its 2014 reopening Belterra Park applied to race until mid-October, citing an opportunity created when the autumn racing dates at nearby Turfway Park were transferred to Churchill Downs.^[7]

In 2017, Belterra Park features live racing beginning on April 29 and ending October 8, with racing held on Fridays, Saturdays, Sundays, most Thursdays, and also Independence Day, Memorial Day and Labor Day. Quarter horse racing will also be featured on September 9 and October 8.^[8]

Physical attributes[edit]

Prior to the tear-down of the grandstand, Belterra Park's seating capacity was 9,350. The new grandstand has 1,200 permanent stadium-style seats with room to add another 1,000 bleacher-style seats on larger race days.

The racetrack itself was moved slightly to the east as a result of the 2013 rebuild and has two courses, similar to the previous River Downs configuration: the Main Track (dirt) is a 1-mile oval with 6 1/2 furlong and 1 1/4 mile chutes; inside of this is the 7-furlong turf (grass) course. The stable area consists of stalls that can accommodate up to 1,350 horses.

Races[edit]

The following are stakes races run at Belterra Park:

Non-graded stakes races:

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References[edit]

1. ^[1]
2. ^[2]
3. ^Coolidge, Alexander (October 23, 2013). 'River Downs becomes Belterra Park'. Cincinnati.com. Retrieved October 23, 2013.
4. ^'Boyd Gaming completes acquisition of four Pinnacle Entertainment assets' (Press release). Boyd Gaming. October 15, 2018. Retrieved 2018-10-16 – via PR Newswire.
5. ^'Penn National Gaming completes acquisition of Pinnacle Entertainment' (Press release). Penn National Gaming. October 15, 2018. Retrieved 2018-10-16.
6. ^'FTC requires casino operators Penn National Gaming, Inc. and Pinnacle Entertainment, Inc. to divest assets in three Midwestern cities as a condition of merger' (Press release). Federal Trade Commission. October 1, 2018. Retrieved 2018-10-16.
7. ^LaMarra, Tom (October 23, 2013). 'Pinnacle Unveils Plans for 'Belterra Park''. The BloodHorse. Retrieved October 23, 2013.
8. ^http://www.racing.ohio.gov/pdfs/Track-River.pdf

External links[edit]

Coordinates: 39°03′03″N84°24′30″W / 39.050802°N 84.40841°W

Belterra Casino Resort & Spa is a riverboat casino on the Ohio River in Switzerland County, Indiana near Florence, roughly halfway between Louisville, Kentucky and Cincinnati, Ohio. It is owned by Gaming and Leisure Properties and operated by Boyd Gaming.

The casino has 47,201 square feet (4,385 m²) of gaming space, with 1,277 gaming devices, 45 table games, and 2 poker tables.^[1] From 2009 to 2011, the property reported annual revenue ranging between $152 and $162 million, and earnings between $27 and $30 million.^[2]

The property has 1,062 employees.^[3]

Belterra is located on 315 acres (127 ha) of land, 149 acres (60 ha) of which is leased on a 50-year term.^[4]

History[edit]

In 1993, the Indiana General Assembly legalized riverboat casinos, including five licenses to be issued for sites along the Ohio River.^[5] A referendum was required in each county to approve casinos.^[6] Switzerland County voters passed such a measure in November 1993.^[7]

The Indiana Gaming Commission issued the last of the five licenses in 1998 to Hollywood Park, Inc. (later Pinnacle Entertainment) and its Boomtown subsidiary, for a $148-million project in Switzerland County, including a 12-story, 309-room hotel.^[8]

Belterra was set to open in August 2000, but was delayed when the riverboat, while en route to Indiana, collided with a barge and sank.^[9] After being repaired, the casino opened on October 27.^[10]

In April 2016, the property was sold to Gaming and Leisure Properties along with almost all of Pinnacle's real estate assets, and leased back to Pinnacle.^[11][12]

In October 2018, Boyd Gaming acquired Belterra's operations from Pinnacle, along with three other casinos.^[13] The sale was made to enable Penn National Gaming's acquisition of Pinnacle; the two companies together owned three casinos in Indiana (Belterra, Ameristar East Chicago, and Hollywood Casino Lawrenceburg), while state law prohibits one company from owning more than two casinos.^[14]

See also[edit]

References[edit]

1. ^Annual Report to Governor Mitch Daniels(PDF) (Report). Indiana Gaming Commission. 2011. pp. 65–66. Retrieved 2012-07-28.
2. ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 31.
3. ^Form 10-K (Report). Pinnacle Entertainment. February 29, 2012. p. 8.
4. ^Form 10-K: Annual Report (Report). Gaming and Leisure Properties. February 16, 2018. pp. 10 & 78 – via EDGAR.
5. ^Simpson, Cam (July 1, 1993). 'Riverboats shoot for early '94'. Evansville Courier. – via NewsBank (subscription required)
6. ^'Casino referendums face tough deadlines'. The Post-Tribune. Gary. AP. July 22, 1993. – via NewsBank (subscription required)
7. ^'No one files to recount casino votes'. Evansville Courier. AP. November 10, 1993. – via NewsBank (subscription required)
8. ^Horstman, Barry M. (September 15, 1998). 'Switzerland County lands casino'. Cincinnati Post. – via NewsBank (subscription required)
9. ^Horstman, Barry M. (August 10, 2000). 'Accident delays casino opening'. Cincinnati Post. – via NewsBank (subscription required)
10. ^Batz, Bob (November 5, 2000). 'Viva, Las Vevay! Sleepy river town gets a dose of casino caffeine'. Dayton Daily News. – via NewsBank (subscription required)
11. ^Andrew Steele (April 27, 2016). 'Judge allows Ameristar deal to proceed'. The Times of Northwest Indiana. Retrieved 2016-07-23.
12. ^'Gaming and Leisure Properties, Inc. completes the previously announced acquisition of the real estate assets of Pinnacle Entertainment, Inc' (Press release). Pinnacle Entertainment. April 28, 2016. Archived from the original on 2016-08-22. Retrieved 2016-07-22.
13. ^'Boyd Gaming completes acquisition of four Pinnacle Entertainment assets' (Press release). Boyd Gaming. October 15, 2018. Retrieved 2018-10-16 – via PR Newswire.
14. ^Andrew Steele (December 18, 2017). 'Ameristar Casino owner Pinnacle bought by Penn National Gaming'. The Times of Northwest Indiana. Retrieved 2017-12-29.

External links[edit]

Coordinates: 38°46′50″N84°56′22″W / 38.7806°N 84.9394°W

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