HOME

TheInfoList



OR:

Gold Strike Tunica (formerly Circus Circus Tunica) is a
casino hotel A casino hotel is an establishment consisting of a casino with temporary lodging provided in an on-premises hotel. Customers receive the benefits of both gambling facilities and lodging. Since the casino and hotel are located on the same premis ...
in
Tunica Resorts, Mississippi Tunica Resorts, formerly known as Robinsonville until 2005,
, 20 minutes south of
Memphis, Tennessee Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-mos ...
. It is owned by
Vici Properties Vici Properties Inc. is a real estate investment trust (REIT) specializing in casino properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It owns ...
and operated by
MGM Resorts International MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and Pa ...
.


Casino

In 2008, MGM Mirage made a large investment in Gold Strike Casino Resort and a commitment to the Tunica market with a multimillion-dollar renovation and remodeling project. The upgrade, which took two years to complete and is the largest in the casino resort's history, included all of Gold Strike's 1,133 oversized rooms and 125 suites, the conference and convention center, the Atrium Café, the Courtyard Buffet and the high-limit gaming and lobby areas. The resort also includes Chicago Steakhouse restaurant, which has won several awards including the ''Wine Spectator'' Award of Excellence; a spa and salon; the 800-seat Millennium Theater; and of gaming space with 52 table games and more than 1,400 slot machines. At 31 stories tall, Gold Strike Casino Resort is one of the most recognizable buildings in Tunica and towers above all other structures. When built, the gold tower was reported to be the tallest building in Mississippi.David L. Langford
"Casinos put Mississippi Delta county on the map"
Associated Press The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspa ...
in ''
The Cincinnati Enquirer ''The Cincinnati Enquirer'' is a morning daily newspaper published by Gannett in Cincinnati, Ohio, United States. First published in 1841, the ''Enquirer'' is the last remaining daily newspaper in Greater Cincinnati and Northern Kentucky, alth ...
'', April 11, 1999.


History


Circus Circus (1994-97)

Gold Strike was originally opened by
Circus Circus Enterprises Mandalay Resort Group (formerly Circus Circus Enterprises) was an American hotel and casino operator based in Paradise, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus Circus, as well as half of the Monte Carlo. ...
as Circus Circus Tunica on August 29, 1994. The building, resembling a circus tent, did not house a hotel. 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.


Gold Strike (1997-present)

The casino was rebranded as the Gold Strike Casino Resort and given a more upscale theme. The total cost for the remodeling was estimated to be $125 million. The Gold Strike's 31-story hotel tower was the tallest building in the state of Mississippi at the time of its opening, providing stark contrast to an area of the state previously devoted mostly to agriculture. In 2009, the resort underwent another multimillion-dollar renovation during which time the property remained opened. Ownership of the Gold Strike, along with many other MGM properties, was transferred to MGM Growth Properties in 2016, while MGM Resorts continued to operate it under a lease agreement.
Vici Properties Vici Properties Inc. is a real estate investment trust (REIT) specializing in casino properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It owns ...
acquired MGM Growth, including the Gold Strike, in 2022. In 2022, MGM Resorts agreed to sell the operations of the Gold Strike to
Cherokee Nation Businesses Cherokee Nation Businesses, LLC (CNB) is an American conglomerate holding company headquartered in Catoosa, Oklahoma that oversees and manages several subsidiary companies. CNB is a wholly owned subsidiary of the Cherokee Nation, the largest Na ...
, the business arm of the
Cherokee Nation The Cherokee Nation (Cherokee: ᏣᎳᎩᎯ ᎠᏰᎵ ''Tsalagihi Ayeli'' or ᏣᎳᎩᏰᎵ ''Tsalagiyehli''), also known as the Cherokee Nation of Oklahoma, is the largest of three Cherokee federally recognized tribes in the United States. It ...
, for $450 million.


References


External links

* {{DEFAULTSORT:Gold Strike Casino Resort Casino hotels Casinos in Mississippi Skyscraper hotels in Mississippi Companies based in Mississippi Towers in Mississippi Skyscrapers in Mississippi Resorts in Mississippi Casinos completed in 1994 Hotel buildings completed in 1997 Casinos in Tunica County, Mississippi MGM Resorts International Mandalay Resort Group 1994 establishments in Mississippi