Who Owns Gold Strike Casino in Tunica Ms

You’ve heard of the term ‘striking gold’, right? Well, the Gold Strike Casino in Tunica Ms has been doing just that since it opened its doors in 1994.

Owned and operated by MGM Resorts, this casino offers guests all the glitz and glam of a Las Vegas experience without ever having to leave the south.

Let’s take a closer look at what makes the Gold Strike Casino a prized possession of MGM Resorts.

Key Takeaways

  • Gold Strike Casino in Tunica, MS is currently owned by MGM Resorts.
  • MGM Resorts has been the owner of the casino since the early 2000s.
  • MGM invested over $50 million in renovations after acquiring the property.
  • Gold Strike Casino offers a variety of entertainment options, including gambling tables, live music venues, and dining choices.

Current Owner: MGM Resorts

You’re about to learn about the historical ownership changes of Gold Strike Casino in Tunica, MS. Currently, it is owned by MGM Resorts. This casino has seen a number of owners over the years, but it’s been with MGM since the early 2000s. In fact, MGM has been the driving force behind its success for nearly two decades.

So let’s take a closer look at the history of Gold Strike Casino and its current owner, MGM Resorts.

Historical Ownership Changes: MGM

MGM has owned Gold Strike Casino in Tunica, MS since 2012. Before MGM purchased the property, it was owned by Harrah’s Entertainment, which was accused of unethical practices and a negative environmental impact.

After the acquisition, MGM invested over $50 million in a renovation project. This included a new and improved casino floor, a new steakhouse, and a new spa. MGM made further improvements, including the renovation of the hotel rooms and the addition of new restaurants. These investments resulted in an improved customer experience and a larger customer base, with the casino now boasting more than 100,000 square feet of gaming space.

Despite the improvements, MGM has still faced criticism for its unethical practices, such as not paying its employees fairly.

Amenities of Casino

When it comes to Gold Strike Casino, owned by MGM Resorts, there is plenty to keep you entertained.

Try your luck at the gambling tables or slots, enjoy the entertainment venues, and don’t forget to check out the amazing dining options.

With so much to choose from, you can create the perfect night out.

Gambling Options

At Gold Strike Casino in Tunica, MS, you can enjoy a wide variety of gambling options. With gaming licenses in hand, the casino offers a wide selection of slots, table games, and video poker machines.

Game # of Machines Max Bet
Slots 1,200 $25
Table Games 18 $500
Video Poker 200 $25

The slots feature a variety of themes and denominations, ranging from penny slots to high-limit slots. Table games, such as Blackjack, Craps, and Roulette, offer a more traditional casino experience. Video poker machines, which are based on five-card draw, can also be found throughout the casino.

Gold Strike Casino also offers special promotions and giveaways throughout the year, making it the perfect place to enjoy a night of gambling and fun.

Entertainment Venues

Aside from gaming options, you’ll also find plenty of entertainment venues at Gold Strike. You can enjoy live music in the casino’s atrium each weekend, or party poolside with DJs and dancing.

Here are some of the highlights:

  1. Live Music: Check out the stunning atrium and listen to free live music every Friday and Saturday night.

  2. Pool Parties: Grab a beach ball and your favorite drink and join the party! Dance poolside with DJs spinning the hottest tunes.

  3. Karaoke: Show off your singing skills with friends at the casino’s karaoke nights.

  4. Comedy Shows: Get ready for a night of laughs with some of the best stand-up comedians around.

Dining Options

Treat yourself to delicious dining options at Gold Strike with a variety of restaurants to choose from. Enjoy classic American cuisine at Chicago Steakhouse or takeout from the 24-hour room service.

For something more exotic, head to the 24-hour Asian-fusion restaurant, Bridges. Don’t forget to check out the buffet choices at The Buffet for a variety of hot and cold dishes.

There’s also a convenient food court, featuring classic fast foods like burgers, fries, and shakes. Enjoy the best of both worlds with takeout options from both the food court and the restaurants.

Experience the best in dining at Gold Strike Casino, owned by MGM Resorts International.

Current Profits of Casino

Gold Strike Casino in Tunica MS is currently making a profit. With the help of the gaming industry, this casino has been able to generate revenue over the years. As the gaming industry has grown, the casino is able to take advantage of its growth, and increase their profits. In addition, the regulatory restrictions and tax implications have enabled the casino to remain profitable.

Pros Cons
Growing gaming industry Regulatory restrictions and tax implications
Ability to take advantage of growth Limited ability to expand outside of the gaming industry
Ability to increase profits Larger competitors in the gaming industry

Overall, Gold Strike Casino in Tunica MS is currently making a profit due to the growth of the gaming industry, the ability to take advantage of this growth, and the ability to increase profits. Despite the regulatory restrictions and tax implications, the casino is able to remain profitable. However, the limited ability to expand outside of the gaming industry and the larger competitors in the gaming industry may limit their potential profits.