Are you curious about who owns Mystic Lake Casino? This renowned casino is situated in Prior Lake, Minnesota and is owned by the tribal nation of the Shakopee Mdewakanton Sioux Community (SMSC).
Get ready to learn more about the amenities, profits, and history of this luxurious casino.
Key Takeaways
- Mystic Lake Casino is currently owned by the Shakopee Mdewakanton Sioux Community (SMSC), a tribal nation.
- Prior to SMSC’s ownership, the casino had a complex ownership history, with previous ownership by various individuals, organizations, and tribes.
- SMSC purchased the casino in 1996 after it was previously owned by a local partnership group and a Native American tribe.
- The casino offers a variety of amenities including exciting slot machines, delicious restaurants, thrilling concerts, and a wide range of gaming and dining options.
Current Owner: Tribal Nation
You may be wondering who owns Mystic Lake Casino. It is owned by the Shakopee Mdewakanton Sioux Community (SMSC), which is a tribal nation.
The SMSC has owned the casino since 1992, but the history of ownership goes back much further. In the past, the land has been owned by various individuals, organizations, and tribes.
It’s interesting to look at the timeline of ownership to get a better understanding of the history of Mystic Lake Casino.
Historical Ownership Timeline
Mystic Lake Casino has changed hands several times since it first opened in the early 1990s. You may be surprised to learn that its ownership history is quite complex:
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The Shakopee Mdewakanton Sioux Community, the current owners, purchased the casino in 1996.
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Prior to this, the casino was owned by a local partnership group, who had bought it from a Minnesota-based company in the early 1990s.
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Before that, the casino was owned by a Native American tribe, who had built it in the late 1980s to improve their spending habits and economic impact.
Today, Mystic Lake Casino is owned and operated by the Shakopee Mdewakanton Sioux Community, and is one of the largest and most successful casinos in the country.
Amenities at Casino
If you’re looking for a great night out, Mystic Lake Casino is the perfect place!
Enjoy exciting slot machines, delicious restaurants, and thrilling concerts.
With so many amenities, there’s something for everyone to enjoy at Mystic Lake Casino!
Slot Machines
Mystic Lake Casino offers a variety of slot machines to provide guests with plenty of gaming options. From classic three-reel machines to video slots, you can play the game of your choice.
Here are some of the benefits of playing at Mystic Lake Casino:
- Enjoy high payouts percentages
- Learn new slot game rules
- Try your luck on the newest machines
- Feel the excitement of progressive jackpots
No matter what your style of play is, Mystic Lake Casino has something for everyone. With a wide range of denominations and bonus features, you’ll hit the jackpot in no time.
So come on down and spin the reels at the home of slots – Mystic Lake Casino!
Restaurants
At Mystic Lake Casino, you can take a break from gaming and enjoy a delicious meal at one of their on-site restaurants. Explore your dining options with a wide variety of cuisines and styles. Whether you’re looking for a quick bite or an upscale experience, Mystic Lake Casino has something to suit your needs. From classic American fare to Italian, Mexican, and Asian cuisine, you can find something to suit your tastes. Plus, there are plenty of snacks and deserts to enjoy.
| Restaurant | Type | Description |
|---|---|---|
| The Buffet | American | Enjoy all-you-can-eat classic American fare |
| Mystic Steakhouse | Steakhouse | Upscale dining experience with steak and seafood dishes |
| Little Six Restaurant | American | Comfort food from burgers to salads |
| Little Six Express | Fast food | Quick and easy snacks |
| Legends Sports Bar | Bar | Enjoy appetizers and drinks with friends |
Concerts
Experience live music and entertainment at Mystic Lake Casino! Enjoy live bands, local acts, and the hottest national acts in the music industry.
- Hear a live performance from your favorite artist.
- Dance to the rhythms of a local act.
- Experience the electrifying energy of a live concert.
Mystic Lake Casino offers an array of live music and entertainment acts that will make your night out even more memorable. From classic rock to pop, hip-hop, country, and more, there’s something for everyone.
Catch legendary music icons and rising stars alike in an intimate setting. Plus, with special deals and discounts, you’ll be sure to find a show that fits your budget.
Get ready to experience live music and entertainment like never before at Mystic Lake Casino!
Current Profits of Casino
The profits of Mystic Lake Casino have seen steady growth over the past few years. This is due in part to the relaxation of gambling regulations across the country, as well as the economic impact of Mystic Lake Casino. Mystic Lake Casino has seen a significant increase in profits since it was purchased by the Shakopee Mdewakanton Sioux Community in 1996. It is now the largest casino in the state of Minnesota, generating millions of dollars in profits each year.
The profits from Mystic Lake Casino have been used to fund many tribal programs, including health care, education, and housing. They’ve also been used to fund tribal cultural programs, such as the annual powwow and other traditional ceremonies. Additionally, profits from Mystic Lake Casino have been used to help fund local charities.
The profits from Mystic Lake Casino have had a positive economic impact on the surrounding communities. They’ve provided jobs for many people in the area, and have increased the tax base for nearby towns. Mystic Lake Casino has also been a major contributor to the local economy overall, providing an influx of money that can be used to improve infrastructure and other community needs.
The profits from Mystic Lake Casino have been a boon to the Shakopee Mdewakanton Sioux Community. They have provided the tribe with a source of income that has enabled them to invest in their future and help their members prosper. The profits from Mystic Lake Casino have been an integral part of the community’s success and have helped to ensure its continued growth.