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Belterra Casino Resort & Spa

Riverboat casino on the Ohio River, Indiana, U.S.

Field	Value
logo	Belterra Casino logo.png
casino	Belterra Casino Resort
theme
address	777 Belterra Drive
location	Florence, Indiana
image	Belterra Casino from east.jpg
rooms	608
date_opened	October 27, 2000
space_gaming	47201 sqft
attractions
shows
notable_restaurants	19 Steak and Seafood
owner	Gaming and Leisure Properties
license_holder	Boyd Gaming
casino_type	Riverboat
renovations
names_pre
website

The casino has 47201 sqft of gaming space, with 1,277 gaming devices, 45 table games, and 2 poker tables. From 2009 to 2011, the property reported annual revenue ranging between $152 and $162 million, and earnings between $27 and $30 million.

The property has 1,062 employees.

Belterra is located on 315 acre of land, 149 acre of which is leased on a 50-year term.

History

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

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.

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. After being repaired, the casino opened on October 27.

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.

In October 2018, Boyd Gaming acquired Belterra's operations from Pinnacle, along with three other casinos. 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.

References

(2011). "Annual Report to Governor Mitch Daniels". Indiana Gaming Commission.
(February 29, 2012). "Form 10-K". Pinnacle Entertainment.
(February 29, 2012). "Form 10-K". Pinnacle Entertainment.
(February 16, 2018). "Form 10-K: Annual Report". Gaming and Leisure Properties.
Simpson, Cam. (July 1, 1993). ["Riverboats shoot for early '94"](http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:AWNB:EVCB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0EAE47DE778262C6&svc_dat=InfoWeb:aggregated5&req_dat=0D6884C8DA6CD5B5}} {{subscription required). Evansville Courier.
(July 22, 1993). ["Casino referendums face tough deadlines"](http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:AWNB:GPTB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=1084EBA968EE6399&svc_dat=InfoWeb:aggregated5&req_dat=0D6884C8DA6CD5B5}} {{subscription required). The Post-Tribune.
(November 10, 1993). ["No one files to recount casino votes"](http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:AWNB:EVCB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0EAE485F98004BD9&svc_dat=InfoWeb:aggregated5&req_dat=0D6884C8DA6CD5B5}} {{subscription required). Evansville Courier.
Horstman, Barry M.. (September 15, 1998). ["Switzerland County lands casino"](http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:AWNB:CNPB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0EB0343E541F0B97&svc_dat=InfoWeb:aggregated5&req_dat=0D6884C8DA6CD5B5}} {{subscription required). Cincinnati Post.
Horstman, Barry M.. (August 10, 2000). ["Accident delays casino opening"](http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:AWNB:CNPB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0EB18E8489CD5203&svc_dat=InfoWeb:aggregated5&req_dat=0D6884C8DA6CD5B5}} {{subscription required). Cincinnati Post.
Batz, Bob. (November 5, 2000). ["Viva, Las Vevay! Sleepy river town gets a dose of casino caffeine"](http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:AWNB:DDNB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0F51F482CF330D00&svc_dat=InfoWeb:aggregated5&req_dat=0D6884C8DA6CD5B5}} {{subscription required). Dayton Daily News.
Andrew Steele. (April 27, 2016). "Judge allows Ameristar deal to proceed". The Times of Northwest Indiana.
(April 28, 2016). "Gaming and Leisure Properties, Inc. completes the previously announced acquisition of the real estate assets of Pinnacle Entertainment, Inc.". Pinnacle Entertainment.
(October 15, 2018). "Boyd Gaming completes acquisition of four Pinnacle Entertainment assets". Boyd Gaming.
Andrew Steele. (December 18, 2017). "Ameristar Casino owner Pinnacle bought by Penn National Gaming". The Times of Northwest Indiana.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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