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Resorts Casino Tunica Review - CLOSED. UPDATE: Owner and operator Penn National Gaming, Inc. Closed Resorts Casino Tunica effective June 30, 2019. Resorts Tunica originally opened in 1994 as the Southern Belle Casino and has been a favorite destination for years in Mississippi. There is over 40,000 square feet of gaming space here with 1,042. (WMC) - MGM Resorts International has made a big announcement for Gold Strike Casino in Tunica, Mississippi. According to a news release, Gold Strike will reopen May 25. Just one day after MGM Resorts announced it would temporarily close all Las Vegas properties, the company said it would also suspend operations at the Gold Strike Casino in Tunica, Mississippi. Penn National Gaming will close one of its three Tunica properties, Resorts Casino, at the end of June. But, the company declared that it remains committed to the Tunica market. TUNICA, MS (WMC) - Penn National Gaming, Inc. Announced plans to close Resorts Casino Tunica soon, citing increased competition from gambling in Arkansas as a reason.
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Book NowPenn National Gaming is to close the Resorts Casino in Tunica, Mississippi, US, effective June 30, 2019.
The company acquired the operations of Resorts Casino Tunica, along with Bally’s Casino Tunica (subsequently renamed 1st Jackpot), in March 2017. It leases the underlying real property associated with the two casinos from Gaming and Leisure Properties, pursuant to the terms of the company’s existing master lease with GLPI. In addition, Penn National operates Hollywood CasinoTunica, located adjacent to Resorts Casino.
Tunica Resorts Mississippi
“With our acquisition of Resorts Casino as part of the two property deal, we knew we were acquiring an aging barge in need of significant capital improvements,” said Al Britton, Penn National senior vice president of regional operations. “While we did everything in our control to keep the property profitable over the last two years, increased competition from recent gaming expansion in Arkansas continues to drive the property’s business volumes lower. After exploring all viable alternatives, we are left with the difficult decision to close the business.
Resorts Casino Tunica Ms Closing
“I want to thank the property’s nearly 200 team members for all their hard work, loyalty and commitment to this property during what has been an extended period of very difficult operating conditions. We’ll be seeking opportunities for these team members at our two other properties in Tunica, other area resorts, or at one of our other 39 properties across the country. I want to emphasise that despite this decision, Penn National remains committed to the Tunica market and continues to focus on the ongoing successful operations at our two remaining Tunica properties.”