Other tribes in the country are similarly looking to expand into the commercial gaming space. It lies approximately 20 miles from Memphis. The casino contains 50,000 square feet of gaming space, as well as over 1,100 hotel rooms. He also outlined how the deal will help the tribe execute on its strategic plan to expand outside of the Cherokee Nation Reservation. Expanding its reachĬommenting on the purchase, Cherokee Nation Businesses chief executive officer Chuck Garrett said: “This acquisition will enable us to better serve our mission of growing the Cherokee Nation’s economy, while also having a significant positive impact on the local economies we serve.” The deal sees the Cherokee Nation expanding its reach outside of reservation facilities and into commercial gaming opportunities, while MGM continues to expand its balance sheet at the same time as eyeing other projects.
Meanwhile, the annual rental amount MGM pays to VICI through its own master lease agreement will drop by $40m upon closure of the sale. VICI Properties, which is a real estate investment trust (REIT) that owns the Gold Strike Tunica real estate, will work with Cherokee National Entertainment on a new lease agreement. The transaction is due to close by Q1 next year. The casino company announced the $450m cash sale on Tuesday to Cherokee Nation Entertainment Gaming Holdings, which is a subsidiary of Cherokee Nation Businesses. This casino does not have any secret codes available right now, but we would recommend you to keep an eye open for the promotions it has to offer.MGM Resorts International is selling the operations of the Gold Strike Tunica casino in Mississippi. This casino does not have any promo codes available right now, but we would recommend you to keep an eye open for the promotions it has to offer. This casino does not have any promotions available right now, but we would recommend you to keep an eye open for the promotions it has to offer. No matter how late you are, you will rest when you wet your whistle on any of our many bars and rest areas.
Tunica’s favourite musicians play at night at the gold strike bar to electrify the noisy crowds. Even if your play is over and your chips are counted, you can still enjoy drinks at the Ten10 Wine & Whiskey Bar, offered at midnight. The Gold Strike Theater features big names in entertainment, while Stage 2 on the casino floor keeps the action moving, with live music almost every night. Gold Strike offers glamorous entertainment that is second only to Mid-South. Games are not the only source of entertainment at Gold Strike Casino Resort. There are a variety of dining options - everything from formal seafood to quick takeout. The Gold Strike Tunica hotel tower has more than 1,100 rooms and suites, many with beautiful views of the Mississippi River. Nightlife is a gold standard in Tunica, featuring live bars with live music, the state-of-the-art Ten10 Wine & Whiskey Bar, and the 800-seat Gold Strike Theater, which hosts some of the biggest names in entertainment.
Gold Strike Tunica offers 50,000 square meters of 24-carat casino entertainment, with over 1,400 reel and video slot machines, as well as advanced blackjack, roulette and craps action all around.
You can see the glory from afar: a golden, 31-story lighthouse that attracts seekers and benefactors from all over the South. The large city of Tennessee combines Southern culture with hospitality to offer great dining options. For fans of blues and rock ‘n’ roll, our hotel is a 40-minute walk to Memphis. If you are in a position to try your luck, you are close to several gambling halls, including Horseshoe Casino and Gold Strike Casino.