Stay at the 50,000 square foot casino resort for your next vacation escape from the city. Strategically, though, we decided to narrow our focus in Mississippi to a single resort – Beau Rivage – and dedicate more of our time and resources towards continuing to drive success at that leading, world-class resort and casino," said CEO Bill Hornbuckle. A laid back casino hotel in the upper corner of Tunica, Mississippi, Gold Strike boasts nothing less than a modern experience. "Gold Strike is a wonderful property with a bright future ahead. The transaction is expected to close in the first half of 2023. Gold Strike Casino Resort: Swimming pool is too small - See 4,214 traveler reviews, 343 candid photos, and great deals for Gold Strike Casino Resort at Tripadvisor. The Gold Strike is only about 35 minutes from downtown Memphis and Memphis International. Interestingly, this was the tallest building in Mississippi at the time of its opening and still is the third tallest today. casino, and a conference and convention center. When you play slots and table games with your Golden Nugget 24K Select Card, you will earn Tier Credits and Comp Dollars, which can be used across all. MGM's master lease agreement with VICI Properties Inc (NYSE: VICI) will be amended to reduce annual rent by $40 million to account for the sale of the operations of Gold Strike. This property has 1,100 oversized rooms that include 125 suites, a 50,000 sq. At 32 stories tall, the iconic property is one of the most recognizable buildings in Tunica and towers above all other structures. The company expects net cash proceeds after taxes and estimated fees to be about $350 million.įor the twelve months ended December 31, 2021, Gold Strike reported a net income of $81.1 million and Adjusted Property EBITDAR of $115 million. Gold Strike opened in 1994 and was acquired by MGM Resorts in 2005. Guests can enjoy American and Steakhouse dishes at the. Featuring a 24-hour front desk, this property also provides guests with a casino. Gold Strike Casino Resort is set in Tunica Resorts, 42 km from Graceland and 48 km from Stax Museum of American Soul Music. MGM Resorts International (NYSE: MGM) has decided to sell the operations of Gold Strike Tunica to Cherokee Nation Entertainment Gaming Holdings LLC (CNE), a subsidiary of Cherokee Nation Businesses, for $450 million in cash. 1010 Casino Center Dr, Tunica County, Mississippi, 38664, United States Show on map. The Gold Strike Casino Resort is 31 stories tall and one of the most recognizable buildings in Tunica, Mississippi.
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