#Gold strike tunica license#

The transaction is expected to close in the first half of 2023, subject to regulatory approvals and other customary closing conditions. Due to a 50 decline in operating income in 1997, Circus Circus began to renovate the property, adding a 1,200-room tower hotel and other features including a theater. The building, resembling a circus tent, did not house a hotel.

#Gold strike tunica license#

We will license them, we will be able to investigate, get tax revenue.” Gold Strike was originally opened by Circus Circus Enterprises as Circus Circus Tunica on August 29, 1994. “When they do, they fall under the commercial aspect which in Mississippi they’ll be treated just like MGM was. “You’re seeing a lot of these tribes move off tribal land,” McDaniel explained. The Gold Strike Casino Resort is a multiuse facility located at 1010 Casino Drive, Tunica Resorts, Mississippi 38664.

Since the property is not on tribal lands, it will be licensed and regulated like other state casinos. And I believe their intention is to grow that market.” All guest rooms at the resort come with air conditioning, a seating area, a flat-screen TV with satellite channels, a safety deposit box and a private bathroom. The property provides a 24-hour front desk, an ATM and currency exchange for guests. They looked at our state, they looked at a target that was valuable to them. Gold Strike Casino Resort is located in Tunica Resorts and features a restaurant, a bar and a casino. “I think that what you’re seeing is the Cherokee Nation wanting to diversify in other states. “I don’t think that this is any indication of a problem with it,” McDaniel said. Jay McDaniel, the Executive Director of the Mississippi Gaming Commission, says you don’t make an investment of this magnitude unless you believe you’ll recoup that.

MGM Resorts is planning to sell the Gold Strike Casino in Tunica to Cherokee National Entertainment Gaming Holdings for $450 million, saying they want to focus on a single resort, namely the Beau Rivage in Biloxi.