You’ve heard the theory that ‘the house always wins’ – and in the case of Hollywood Casino Tunica, it’s true!
Owned by MGM Resorts, this casino offers a variety of amenities and has seen revenue and profits for the past decade.
Keep reading to learn more about this popular gaming destination.
Key Takeaways
- Bally’s, Park Place, Harrah’s Entertainment, and MGM Resorts have all owned Hollywood Casino Tunica at different points in time.
- Each owner has experienced profits from the casino’s operations, with Park Place benefiting from tax advantages and outsourcing employees.
- MGM Resorts, the current owner since 2012, has seen profits due to attracting large numbers of visitors and has contributed to the overall success and profitability of the casino.
- Foreign investments have played a significant role in the market share growth of Hollywood Casino Tunica, leading to increased revenues and profits.
Current Owner: MGM Resorts
You may be wondering who owns Hollywood Casino Tunica. The answer is MGM Resorts.
MGM Resorts has owned the casino since 2012 and has enjoyed considerable profits from the property since then.
Prior to MGM Resorts, the casino had changed hands several times since its opening in 1994.
It is interesting to note the various owners of the casino and the profits each has enjoyed.
Historical Ownership & Profits
Since its opening in 1994, Hollywood Casino Tunica has changed ownership multiple times, with each owner seeing profits from its operations.
Initially owned by Bally’s, the casino experienced success and growth before being sold to Park Place in 1998. Park Place saw even more success, due to their ability to outsource employees and benefit from tax advantages.
The company was then sold to Harrah’s Entertainment in 2005, who experienced a short period of success before the casino went into bankruptcy in 2011.
In 2012, the casino was purchased by MGM Resorts, its current owner. They have seen profits since then, thanks to their ability to draw in large numbers of visitors.
Amenities of Casino
At Hollywood Casino Tunica, you can experience all the thrills of gambling with their wide selection of slot machines.
Delight in their luxurious hotel rooms and enjoy a range of delicious restaurants.
Whether you’re looking for a romantic dinner out or a night of fun and excitement, you’ll find it all at Hollywood Casino Tunica.
So come on down and find out why this award-winning casino is a favorite among guests!
Slot Machines
| Choose from over 1,000 slot machines at Hollywood Casino Tunica. Enjoy a wide selection of classic or themed slots with lots of progressive jackpots and great odds. Test your luck on the newest 3D slots, Wheel of Fortune, or one of the video poker machines. | Slots | Jackpot Odds |
|---|---|---|
| Classic | High | |
| Themed | Medium | |
| 3D | Low | |
| Video Poker | Low |
No matter what your preference is, you’re sure to find the perfect slot machine at Hollywood Casino Tunica. Why not visit and try to hit that big jackpot?
Hotel Rooms
Stay in style and comfort at Hollywood Casino Tunica’s luxury hotel rooms. Enjoy the best of both worlds by staying in the heart of all the live entertainment and gaming options.
The hotel features modern, spacious rooms with everything you need for a comfortable stay. Amenities like pillow-top beds, flat-screen TVs, refrigerators, and microwaves make it easy to relax and unwind.
Enjoy the convenience of a 24-hour fitness center with exercise machines, and free Wi-Fi to stay connected while on the go.
Enjoy a delicious meal at one of the hotel’s restaurants, or relax in the lounge with a drink.
Hollywood Casino Tunica is the perfect place to get away and have a great time.
Restaurants
Indulge in an unforgettable dining experience at the hotel’s delicious restaurants. Hollywood Casino Tunica is home to a number of award-winning eateries. From fast-food to fine dining, and everything in between, there’s something to satisfy everyone’s taste buds.
Enjoy a delicious meal while being served by friendly cocktail waitresses. You can also experience the culinary creations of their star chefs. There’s something for everyone, no matter what mood you’re in.
So come to the Hollywood Casino Tunica and enjoy all the delicious restaurants it has to offer!
Current Revenues & Profits
Hollywood Casino Tunica is currently generating significant revenues and profits for its owner, Penn National Gaming. It is one of the many Penn National casinos that are popular throughout the United States and has seen a large increase in its market share due to foreign investments. Penn National Gaming has been able to use these investments to remodel the casino and add more attractions to the area, thus drawing more visitors and increasing their profits. The casino has seen a steady rise in revenues and profits over the past several years and is a great source of income for the company.
Penn National Gaming has invested heavily in marketing and advertising to ensure that their casinos are successful and remain attractive to customers. Hollywood Casino Tunica also has a wide variety of gaming opportunities and entertainment options, which helps to attract a larger audience and increase their profits. The casino also offers a large variety of food and beverage options, which helps to keep customers coming back.
Penn National Gaming has also made sure to provide excellent customer service and support to ensure that visitors to the casino have a great experience. They have invested in customer service training and have made sure that their staff is well-trained and knowledgeable when it comes to providing an enjoyable experience. This ensures that customers will keep returning to the casino and helps to ensure that Penn National Gaming continues to see an increase in their profits and revenues.