Banker Key to Casino Effort
Hotel developer, banker, close friend and business associate of Jerry Springer. Cincinnati native Louis Beck has played many roles. Now he might be facing his biggest challenge ever - trying to bring a casino to Cincinnati. So far, Beck, 60, has said little about his plans.
He wouldn't consent to an interview, instead answering questions through a spokesman. He prefers to keep a low profile until he comes forth, probably later this week, with more details of his vision for the 20-acre parking lot at the northeast edge of downtown. Beck secured an option to buy the so-called Broadway Commons site in the event an Ohio ballot initiative that would allow a Cincinnati casino is successful this fall. The terms of Beck's deal with the Chavez family, owners of Cincinnati-based Parking Company of America, have not been disclosed. Company executives have not returned calls over the past week.
The Chavezes asked $26 million when the lot was being considered as a site for the Reds ballpark in the late 1990s. As a businessman, Beck describes himself as a "professional chairman of the board," someone who holds top positions at several firms but leaves their day-to-day operation to others.
May 15, 2006
Posted By Bob Hartman
Staff Editor, CasinoGamblingWeb.com
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