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Cleveland Cavaliers owner Dan Gilbert is the billionaire founder of Quicken Loans and oversees more than 100 companies, including the Jack Entertainment casino group. Gilbert is based in Detroit, but in 2009 he was a pivotal champion of legalizing casino gambling in Ohio so that he could expand his business. The episode shows how Gilbert has built his empire by transforming communities rather than just building in them. When Dan Gilbert expands his businesses, he doesn't move to a place and stand idly by. Since moving his mortgage company Quicken Loans' headquarters to Detroit in 2010, he's invested more than $3.5 billion (with $2.1 billion more in development) into the city's downtown, where his company Bedrock owns about 60 properties. And before that, after he became the majority owner of the Cleveland Cavaliers NBA team in 2005, he began thinking of ways to expand his influence there, as well. "There's a natural opportunistic thing that happens where one thing leads to another," Gilbert told Business Insider for an episode of our podcast " Success! How I Did It ." "So now we have the Cavaliers, things are going pretty good, and we see this opportunity where we feel like we could impact things." This led to forming Rock Gaming, later renamed Jack Entertainment, in 2009 with six fellow businessmen and friends, and campaigning to vote in favor of an amendment to the Ohio state constitution that would legalize casino gambling and tax it at 33%. As the chairman of Rock Gaming, Gilbert took the lead, and publicly debated with politicians and other opponents to the amendment. It easily passed with 53% of the vote, and last year, according to the American Gambling Association, Ohio's 11 casinos and racinos (a racetrack without table games) brought the state $594 million in taxes and employed 19,953 people.
For the original version including any supplementary images or video, visit http://www.businessinsider.com/how-cavaliers-owner-dan-gilbert-helped-bring-casino-gambling-to-ohio-2018-7
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“Those were my neighbors, I actually lived there.” But like many on the island trying to rebuild a life amid the destruction, he went back to work, catering to increased demand from tourists eager to witness the latest eruption of one of the world’s most active volcanoes. “Life always provides different opportunities; you either accept things and go forward with them or you don’t,” he said. Kilauea has shown no signs of quieting since it first began erupting on May 3. Lava spewing from “Fissure 8” has wiped out scores of homes in Kapoho by the Pacific. Scenic Kapoho Bay, a stop along Turpin’s tours, is now filled with lava. And, after a short respite, “lava tourism” is booming on the Big Island, with helicopter and boat tour operators trying to please tourists and show respect for thousands of locals who have lost homes or been evacuated. FILE PHOTO: Lava erupts in Leilani Estates http://livebettingzau.envision-web.com during ongoing eruptions of the Kilauea Volcano in Hawaii, U.S., June 5, 2018. REUTERS/Terray Sylvester/File Photo Lava tourism has long existed on Hawaii’s Big Island. Visitor numbers spike each time Kilauea, which has erupted almost continuously since 1983, sends a tongue of lava toward the ocean.https://www.reuters.com/article/us-hawaii-volcano-tourism/lava-tours-stir-mixed-feelings-around-erupting-kilauea-idUSKBN1K2195?feedType=RSS&feedName=domesticNews