“It’s the most competitive market in Ohio, probably in the Midwest.” “Cincinnati is an extremely competitive market,” says Jay Masurekar, who leads Key Bank’s gaming and travel investment banking practice. But wallets and credit cards are opening up again, and the race is on to cash in. The pandemic presented a temporary, even minor, slowdown in the amount of money chanced at these attractions. And Churchill Downs, known for the iconic twin spires of its Louisville racetrack and for the world’s most famous horse race, is overhauling Turfway Park in Northern Kentucky.Ĭhoose your betting metaphor, but the emergence of these heavyweights will certainly up the ante and raise the stakes among those vying to capture bigger shares of the gambling jackpot here. Internationally known Hard Rock has brought its rock and roll themed vibe to Cincinnati to inject new life and dollars downtown. Two of the country’s leading purveyors of gaming and its associated entertainments are investing hundreds of millions in new facilities, amenities, restaurants, games, and other diversions across Greater Cincinnati.
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