Resorts Casino Tunica Ms Closing
You already know you can earn at every turn and cash in on great rewards with mychoice®. Now, you can also get real-time updates on your account with the all-new mychoice rewards loyalty app. Plus, get $10 mycash® and 5M credits to play for fun at mychoice casino when you download the app today!
TUNICA, MS (WMC) - Penn National Gaming, Inc. Announced plans to close Resorts Casino Tunica soon, citing increased competition from gambling in Arkansas as a reason. Tuesday's announcement by Penn National Gaming points to further consolidation in the Tunica casino market. TUNICA, MS (WMC) - Penn National Gaming, Inc. Announced Tuesday plans to close the Resorts Casino in Tunica, Mississippi effective June 30, subject to regulatory approvals.
- Harrah's Casino Tunica, formerly Grand Casino Tunica, was a casino and resort located in Tunica Resorts, Mississippi.It was owned and operated by Caesars Entertainment.The casino offered a 140,000 sq ft (13,000 m 2) casino and three hotels with a total of 1,356 rooms.
- The closing of the Tunica Roadhouse Casino, which features slots and table games, won’t affect casino revenue in any dramatic way, Franklin said. “What it’s doing is basically cutting back a number.
The rewards program that lets you earn tier points and mycash while you play, dine, and shop now gives you access to your tier status, exclusive rewards, special offers, and mycash balance all in one place – instantly.
Caesars Entertainment has announced the impending closure of the Tunica Roadhouse Casino in Mississippi, which will put about 150 workers out of a job. The 31,000 sq. ft. property with nearly 700 slot machines and a handful of table games will shut its doors by the end of January, while the adjacent hotel will remain open.
Resorts Casino Tunica Ms Closing Today
The closure comes during “persistent declines in business levels in the area stemming from increased competition,” according to Caesars.
The Tunica region continues to struggle and is now in the midst of 12-year decline in revenue. The area started to lose business to iGaming machines in neighboring Arkansas in 2005. The competition will only increase as Arkansas voted to legalize four casinos in November. Tunica’s eight casinos brought in $595 million in 2017, which represented a decline of 6 percent.
This is the second casino in Tunica that Caesars has opted to close. In 2014, the Las Vegas-based company opted to shut down Harrah’s Tunica Hotel & Casino to reduce debt. Caesars still owns and operates the nearby Horseshoe Tunica Casino, which is roughly twice as large as the Roadhouse.
Tunica was once home to a yearly World Poker Tour event. The $10,000 buy-in WPT World Poker Open ran at Binion’s from 2003 to 2005, and at the Gold Strike from 2006 to 2008, and featured notable winners such as the late Dave “Devilfish” Ulliott, Barry Greenstein, and Scotty Nguyen.
Mississippi has 28 total casinos and brought in $2.08 billion in gaming revenue in 2017, which represented a decline of 2 percent. While the Gulf Coast – Biloxi region remains strong as the eighth biggest gambling market in the U.S., the rest of the state’s land-based and riverboat casinos are losing ground. Additionally, those properties also have to contend with three large tribal casinos in the state operated by the Mississippi Band of the Choctaw Indians.
Resorts Casino Tunica Ms Closing Date
