When it was built, the gold tower was reported to be the tallest building in Mississippi. At 32 stories tall, the property is one of the most recognizable buildings in Tunica and towers above the surrounding area. Gold Strike opened in 1994 and was acquired by MGM Resorts in 2005. MGM Resorts International is an American hospitality and entertainment corporation that is well-known in the global markets. 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.” A 1,200-room resort located 20 minutes south of Memphis in Tunica, Mississippi. The deal was announced in August 2022 during MGM Resort’s. “Gold Strike is a wonderful property with a bright future ahead. Gold Strike Casino Resort Tunica, MS About See all An MGM Resorts International destination. MGM Resorts International has closed on its sale of the operations at the Gold Strike Casino Resort for 450 million in cash. Originally agreed in June 2022, the deal will be paid in cash and represents 11x Gold Strike’s average adjusted EBITDA from 2019-2021. “I want to thank all of our Gold Strike employees who have consistently delivered world-class gaming and entertainment experiences to our guests,” said Bill Hornbuckle, CEO & president, MGM Resorts International. MGM Resorts International has confirmed the closure of its sale of Gold Strike Tunica to CNE Gaming, a Cherokee Nation Business subsidiary, for a deal worth 450m. The resort also offers a range of meeting rooms and event spaces, including the 9,000-square-foot flexible Live Oak ballroom and 18,250-square-foot Gold Strike Theatre. Gold Strike is your source for energy, excitement, and the friendliest dealers in Tunica, Mississippi. casino, and a conference and convention center. This property has 1,100 oversized rooms that include 125 suites, a 50,000 sq. The company expects net cash proceeds after taxes and estimated fees to be approximately $350 million. The Gold Strike Casino Resort opened back in 1994 and is a property of MGM Resort International, similar to the Beau Rivage Resort and Casino ( See my trip report on that property here ). TUNICA, Mississippi- MGM Resorts International announced that it has reached an agreement to sell the operations of Gold Strike Tunica in Mississippi, to Cherokee Nation Entertainment Gaming Holdings, a subsidiary of Cherokee Nation Businesses, for $450 million in cash, subject to customary adjustments.

Mgm gold strike tunica