Is Cedar Fair Drying up the Lake? I have to give the Coasterdom podcast credit. Their last two shows have been jam-packed with juicy tidbits. Geauga Lake is a medium-sized amusement park located in Eastern Ohio and owned by Cedar Fair. Cedar Fair also owns Cedar Point (Sandusky, OH) and acquired Kings Island (Cincinnati, OH) last year. Maybe Cedar Fair thinks that Ohio’s a bit too crowded. Last winter they removed Geauga’s Steel Venom and X-Flight and shipped them to other parks within the chain.