Who Owns Ballys Casino in Tunica Mississippi

Have you ever wondered who owns Ballys Casino in Tunica Mississippi?

You may be surprised to learn that the current owner is MGM Resorts, the largest gaming company in the world.

With over $10 billion in annual revenue, this casino offers amenities such as gaming tables, slot machines, and a variety of entertainment options.

Come explore the world of Ballys Casino and discover why it is one of the most profitable casinos in the region.

Key Takeaways

  • Ballys Casino in Tunica Mississippi has undergone several changes in ownership, including Caesars Entertainment, Harrah’s Entertainment, Colony Capital, and currently MGM Resorts.
  • The casino offers a wide range of amenities, including gaming tables, slot machines, entertainment options, a luxurious hotel, and dining options.
  • Visitors to Ballys Casino can enjoy a variety of games, such as blackjack, roulette, Caribbean Stud, traditional and modern slot machines, and video poker games.
  • The hotel accommodations at Ballys Casino include comfortable and spacious rooms, live entertainment and event spaces, a pool, fitness center, full-service restaurant, movie theater, arcade, and live music performances. Additionally, there are a variety of activities for entertainment.

Current Owner: MGM Resorts

You may be wondering who owns Bally’s Casino in Tunica, Mississippi, and it’s a great question to ask. The current owner is MGM Resorts, but this hasn’t always been the case.

Let’s take a look at the historical ownership timeline of Bally’s Casino to get a better understanding of how it has changed hands over the years.

Historical Ownership Timeline

Throughout its history, Bally’s Casino in Tunica, Mississippi has been owned by multiple companies. The timeline of ownership is a fascinating one, as the property has gone through different phases of economic and community impact.

Company Years Owned
Caesars Entertainment 1994-2004
Harrah’s Entertainment 2004-2010
Colony Capital 2010-2013
Caesars Entertainment 2013-2016
MGM Resorts 2016-Present

The timeline of ownership began in 1994 when Caesars Entertainment purchased the property. It was then sold to Harrah’s Entertainment in 2004. In 2010, the property was acquired by Colony Capital. Caesars Entertainment re-acquired the property in 2013, and then sold it to MGM Resorts in 2016, who still currently owns the property.

Each of these companies has made its mark on the casino and the Tunica community, with MGM Resorts having the longest tenure thus far. As the current owner, MGM Resorts is committed to creating a positive economic and community impact.

Amenities of Casino

If you’re looking for a place to get away and have some fun, Bally’s Casino in Tunica, Mississippi is the perfect spot. Owned by MGM Resorts, it offers plenty of gaming opportunities, from slot machines and video poker to table games and sports betting.

It also provides a luxurious hotel with excellent amenities, along with several dining options, including a buffet and quick-service restaurants.

Games Available

Bally’s Casino in Tunica, Mississippi offers a wide variety of gaming options. It’s a great spot for beginners and experienced players alike, as well as those looking to try out card counting or slot strategies.

At Bally’s, you can choose from classic table games like Blackjack and Roulette, or try your luck at the more contemporary games like Caribbean Stud. For slots, you’ll find a good selection of both traditional and modern machines, with a wide variety of themes and denominations. Video poker games are also available, with dozens of different variations.

Bally’s also offers a selection of specialty games like Bingo and Keno. No matter what game you prefer, you’ll be sure to find something to suit your taste at Bally’s Casino in Tunica, Mississippi.

Hotel Accommodations

At Bally’s Casino, you can find a variety of hotel accommodations to suit your needs. The casino is owned by Penn National Gaming, Inc., and is located in Tunica Mississippi.

Enjoy comfortable and spacious rooms that feature live entertainment and event spaces. The hotel has all the amenities you need for a great stay, including a pool, fitness center, and full-service restaurant.

In addition, there are also plenty of activities to keep you entertained, such as a movie theater, arcade, and live music performances.

Whether you’re looking for a short stay or a longer vacation, you can find the perfect accommodation for you at Bally’s.

Dining Options

The hotel offers plenty of dining options to satisfy any appetite. Bally’s Casino in Tunica Mississippi provides a variety of restaurants from casual to upscale. For those looking for an affordable and quick bite, there’s the Food Court with popular chains like Subway, McDonalds, and Starbucks.

For a more refined dining experience, customers can try the outdoor BBQ pit or upscale steakhouse.

Plus, traveling tips and customer feedback can be found on the Bally’s website.

  1. Food Court
  2. BBQ Pit
  3. Upscale Steakhouse
  4. Online Tips & Feedback

Current Revenues & Profits

You may be wondering what revenues and profits Bally’s Casino in Tunica Mississippi is currently bringing in. Bally’s is owned by Twin River Worldwide Holdings and is part of a larger chain of casinos that span across the United States. The casino has seen significant growth in revenue since its opening in 1994.

For the fiscal year ending December 31, 2020, Bally’s reported total revenue of $483.9 million. This was an increase of 14.4% over the prior year. This growth was largely attributed to the introduction of online gambling and other employee policies.

The profits from the casino are used to reinvest in the business and improve the overall experience for customers. This includes the addition of new games, renovations, and expanding the casino to include more dining and entertainment options. Bally’s also uses its profits to support local charities and other community initiatives. In 2020, the casino contributed over $2 million to charity.

Overall, Bally’s Casino in Tunica Mississippi has seen significant growth in revenue and profits since its opening in 1994. The casino has been able to increase its revenues and profits by introducing new online gambling options, implementing employee policies, and reinvesting its profits back into the business. Additionally, Bally’s has also been able to use its profits to support local charities and other community initiatives.